Machi’s $223,000 NFT Sale Proceeds Are Wiped Out in Liquidation

Machi raised $223,000 by selling 15 NFTs, but a liquidation wiped out the proceeds.

Machi was down $505,000 over the preceding four days. He was down $37.4 million on Hyperliquid and $909,000 on @papertrade_xyz. The $223,000 figure is the amount raised from the NFT sale, while the $505,000 figure is a separate loss.

Machi had $4,517.70 left on Hyperliquid after losing all funds on Papertrade. Machi had also sold another Mutant Ape to raise money for trading, separate from the 15-NFT sale.