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Taiwanese singer Jeffrey Huang, better known as Machi Big Brother, sold two Mutant Ape NFTs bought three years ago for 1 ETH each to raise trading capital, according to Lookonchain. The two NFTs were originally purchased for 6.13 ETH and 7.5 ETH, respectively, putting the total loss from the sales at 11.28 ETH, or about 85%. The sale proceeds are expected to be used for additional trading on Hyperliquid and paper trading.