On-chain information reveals that within the final 4 hours, Huang Licheng bought some BAYC, MAYC, and Azuki on Blur. Particularly, 1 Azuki is bought for 16.78 ETH; 5 BAYC bought for 183.8 ETH; 12 MAYC bought for 85.48 ETH; 39 BAYC bought for 1428.71 ETH; 3 BAYC bought for 20.57 ETH MAYC.
Machi Massive Brother was one of many first NFT gamers with the most important commerce measurement and a significant BAYC participant. The buying and selling frequency, NFT holding charge, and promoting worth of this whale all considerably affect the NFT market, particularly the ground worth of blue-chip NFTs like BAYC.
Nevertheless, on April 15, Machi Massive Brother Whale introduced it will withdraw from the NFT market however didn’t give particular causes for its determination. This has created a higher sense of uncertainty for the NFT market, particularly when the market is quiet.
He lately sued on-chain detective ZachXBT for defamation. Huang Licheng tweeted to refute earlier accusations by on-chain detective ZachXBT. He mentioned that ZachXBT’s allegations of embezzling cash had been unfaithful and unfounded.
Huang Licheng Bought A Lot Of BAYC, MAYC And Azuki In The Final 4 Hours 4
First, he didn’t embezzle 22,000 ETH from Formosa Monetary. He has no entry to the multisig transferring the ETH vault, and no receiving deal with belongs to him. Formosa Monetary’s many signatures are CEO Ryan Terriblini and CTO Lorne Lantz.
Second, earlier than Cream Finance was hacked twice in August and October 2021, he handed over Cream Finance to different groups in 2020. He re-managed the protocol in February 2022 and recovered funds for customers affected by the assault.
As well as, earlier than the accusation of “Squid DAO,” Huang Licheng affirmed that he didn’t promote or have any improper habits. He’s associated to Squid DAO. In January 2022, he supported the proposal to return DAO cash, which resulted within the return of over 12,000 ETH to Squid DAO individuals.
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