Huang Licheng Sold A Lot Of BAYC, MAYC And Azuki In The Last 4 Hours
On-chain information reveals that within the final 4 hours, Huang Licheng offered some BAYC, MAYC, and Azuki on Blur. Particularly, 1 Azuki is offered for 16.78 ETH; 5 BAYC offered for 183.8 ETH; 12 MAYC offered for 85.48 ETH; 39 BAYC offered for 1428.71 ETH; 3 BAYC offered for 20.57 ETH MAYC.
Machi Huge Brother was one of many first NFT gamers with the biggest commerce dimension and a serious BAYC participant. The buying and selling frequency, NFT holding price, and promoting value of this whale all considerably affect the NFT market, particularly the ground value of blue-chip NFTs like BAYC.
Nevertheless, on April 15, Machi Huge Brother Whale introduced it could withdraw from the NFT market however didn’t give particular causes for its resolution. This has created a higher sense of uncertainty for the NFT market, particularly when the market is quiet.
He lately sued on-chain detective ZachXBT for defamation. Huang Licheng tweeted to refute earlier accusations by on-chain detective ZachXBT. He mentioned that ZachXBT’s allegations of embezzling cash have been unfaithful and unfounded.
Huang Licheng Offered A Lot Of BAYC, MAYC And Azuki In The Final 4 Hours 4
First, he didn’t embezzle 22,000 ETH from Formosa Monetary. He has no entry to the multisig transferring the ETH vault, and no receiving tackle belongs to him. Formosa Monetary’s many signatures are CEO Ryan Terriblini and CTO Lorne Lantz.
Second, earlier than Cream Finance was hacked twice in August and October 2021, he handed over Cream Finance to different groups in 2020. He re-managed the protocol in February 2022 and recovered funds for customers affected by the assault.
As well as, earlier than the accusation of “Squid DAO,” Huang Licheng affirmed that he didn’t promote or have any improper habits. He’s associated to Squid DAO. In January 2022, he supported the proposal to return DAO cash, which resulted within the return of over 12,000 ETH to Squid DAO members.
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