He Lost $142,000 On Bored Ape NFT… Then Doubled Down On Ethereum 🤯

Machi Big Brother (@machibigbrother) just closed one of his long-held NFT positions.
▶️ Bought Bored Ape #5670 for 85 $ETH (~$272K) ~5 Years ago.
▶️ Sold it today for just 9 ETH (~$17K)
▶️ Realized a loss of 76 ETH (~$255K, -94%).

Instead of leaving the market, he immediately deployed the proceeds to strengthen his #Ethereum long position.

Current Position:
▶️ 3,550 ETH (~$6.66M)
▶️ Unrealized PnL: ~$14K
▶️ Liquidation Price: $1,841.80

Conviction > Emotion. Even after taking a significant loss on an NFT, he's doubling down on his Ethereum thesis.

#CryptoPatel #BoredApeYachtClub