The legend of a generation comes to an end. The top NFT IP BAYC boss went from holding 60 boring apes to deleting and pushing back the network. The loss exceeded 5000E!

Franklin can no longer be found on Twitter.
Franklin's full name is Franklin Caldwell II. He has a master's degree in aerospace engineering from USC. He has worked as a structural analysis engineer for Boeing, Northrop Grumman, Peraton and many American aerospace companies.
33 years old, with an annual salary of one million, and has met the President of the United States. Even in the Web2 world, it is excellent enough.
After entering the BAYC community, Franklin repeatedly used the NFT lending platform to expand his BAYC collection through risky trading strategies and lending activities. As of November 6, 2022, Franklin owned more than 61 BAYCs, and once became the sixth largest BAYC owner. He is also the user with the highest cumulative loan amount on BendDAO, with a total loan amount of nearly 20,000 ETH.
In November 2022, the NFT market continued to be bearish. The thunderstorm of FTX intensified the market panic, and the floor price of BAYC once fell below 50 ETH.
The medium-collateralized BAYC has begun to trigger the liquidation auction process, and a large number of BAYC is on the verge of triggering the liquidation auction. At that time, Franklin still held 58 BAYC. With the help of abundant positions and optimistic judgment about the market outlook, Franklin started arbitrage.
On November 15, 2022, Franklin accepted 4 bids below the floor price on blur and placed a large number of orders at the floor price. The whale's "clearance sale" caused extreme panic in the market, and people's faith in BAYC began to waver. More and more people began to roll up the floor, wanting to escape before BAYC collapsed. When the oracle fed the falling floor price to the BendDAO platform, a large number of BAYC on the edge of the auction began to trigger liquidation.
The profit opportunity is here! Franklin put 14 of his BAYCs on BendDAO for mortgage loans, and used the loan funds and the ETH obtained from the previous sale of BAYCs to bid on the 7 BAYCs that were being auctioned and liquidated on BendDAO. As the first bidder, if the borrower pays off its debt, it will receive a bonus of 5% of the borrower's total debt (approximately 2-3 ETH at the time).
Even if the borrower fails to repay, Franklin can sell high and buy low by winning the auction. Through this short-term short-term but monkey-based long strategy, Franklin earned nearly 20 ETH in profit that day.
Of course, Franklin is better known for his degen strategy. Franklin is very keen on offering NFTs below the floor price and selling them at the floor price.
Franklin also Fat Finger. On July 19, 2022, in order to satirize Ens' hype, Franklin tried to trigger the tweets of Ens' quotation robot by making a false quotation to his own trumpet. To this end, Franklin used the trumpet to purchase the domain name "stop-doing-fake-bids-its-honestly-lame-my-guy.eth" and bid 100 WETH to himself.
However, after actually receiving a bid of 1.9 ETH for his ENS domain, Franklin immediately accepted the bid but forgot to retract his previous bid of 100 ETH. Franklin lost 100 ETH because of a joke and greed.
In addition to this major loss, Franklin also had many Fat Finger experiences.
After airdropping the first season tokens, blur_io released the second season airdrop plan on February 15, 2023, encouraging users to bid and place orders. The myth of getting rich quickly in the first season attracted a large number of users, and everyone started to bid more crazily in order to get a piece of the pie. As BAYC whales, Franklin and machibigbrother began to fight overtly and covertly, and their trading volume once occupied 8% of the market.
Blur’s incentive mechanism encourages buyers to bid at high prices, greatly increasing the depth of NFT transactions. Blur’s ample liquidity creates good selling conditions for NFT degens. A large number of NFTs were sold to bid whales, and the whales could only obtain liquidity through emergency sales to other whales. k2_nft's detailed tracking of Franklin's epic battle with machibigbrother.
According to a data survey by Proof Research Director NFTstatistics.eth, machibigbrother lost more than 5,000 ETH in this Blur game and once announced its withdrawal from the NFT market.
Just when we thought Franklin had survived the fight of the century, oops gambling! Franklin injected 650 ETH into the gambling platform rollbitcom
Lost all money and invested 1355 ETH in online gambling Dice2Win (the website has been cancelled). After two failed “investments” and a loss of nearly 2,000 ETH, Franklin had to sell NFTs to repay debts. After this battle, there is currently only one golden monkey left in Franklin’s public wallet.
The curtain has temporarily fallen on a generation of heroes
Revelation:
There is no permanent winner in the currency circle. When the market is turbulent, who can fly into the sky? When the tide recedes, you will know who is swimming naked. Follow the trend of the times and retreat in time when the wind direction changes. The market will decline. At that time, the Milky Way is setting in the sky, and those who are slower may be buried!
Salute to Franklin, a legend has come to an end.