The prices of Bored Ape Yacht Club NFTs have experienced significant volatility following a series of transactions by Jeffrey Huang, also known as Machi Big Brother. This article explores the impact of Huang’s sales on the Bored Ape market and examines the evolving situation amidst a legal dispute. Impact on Bored Ape Yacht Club Huang’s swift sale of over 50 Bored Apes within a few days has had a notable impact on the floor price of these NFTs. In fact, the floor price dropped to its lowest point in Ethereum since November 2021. However, a partial rebound occurred when Huang purchasedGo to Source
Author: NixCoin