PANews June 28 news, according to Lookonchain monitoring, Machi (Huang Licheng) is selling Bored Ape at a loss to raise funds to go long on ETH on Hyperliquid. Over the past month, Machi sold 34 Bored Apes, totaling 326 ETH (approximately $514,000), incurring a loss of 399 ETH (approximately $631,000). Machi’s biggest loss came from Bored Ape #6057, which he bought four years ago for 76.84 ETH and sold now for only 7.65 ETH, a loss of up to 90%. Meanwhile, Machi has been liquidated multiple times on Hyperliquid. Just 3 hours ago, he was liquidated again, leaving only $81,000 in the account.