NFT bull Steve Aoki sells his SHIB, ETH, and PEPE. His Bored Apes are down 88%.

What Happened

Steve Aoki sold 1.785 billion SHIB, 7.25 ETH, and 4.155 billion PEPE tokens in recent weeks, moving funds to Gemini. His seven Bored Ape NFTs purchased for $800,000 in 2021 are now worth approximately $97,000, representing an 88% loss. Aoki retains the Apes but liquidated other crypto assets. Bored Ape floor prices dropped from $400,000 to $14,000. Recent bull markets favored utility-based projects over speculative NFTs.

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