Machi Big Brother Sells Third Mutant Ape as Leveraged Ether Position Nears Liquidation

Machi Big Brother faces potential liquidation on a 315 Ether long position using 25x leverage on Hyperliquid after selling a third Mutant Ape Yacht Club NFT for 1 ETH. The derivatives position, holding an entry price of $2,447.57 and a notional value of roughly $743,000, carried an unrealized loss of about $27,900 as Ether traded near $2,359—less than 1% above the $2,336.93 liquidation price. The latest NFT liquidation follows the sale of two other Mutant Apes for 1 ETH each, down heavily from purchase prices of 6.13 ETH and 7.5 ETH.