Machi Big Brother sold more than 60 NFTs over six months, according to Lookonchain monitoring cited by BlockBeats on October 28. Lookonchain attributed the sales to raising funds for high-leverage perpetual-contract trading.
NFT losses reported
The monitoring report put cumulative losses on the NFT holdings above 1,000 ETH, or about $2.35 million at its quoted valuation. The amounts and stated purpose are attributed to Lookonchain.
Sources: BlockBeats English flash and the original Chinese report, published 2026-10-28 at 02:47 UTC.