Steve Aoki’s Crypto Adventure: From NFTs to Liquidation
The Rollercoaster Ride of Steve Aoki’s Crypto Investments
Ah, Steve Aoki! The man who thought NFTs would take over the world by 2026. Well, here we are, five years later, and what is he doing? Liquidating his crypto stash like it’s a garage sale in a suburban neighborhood!
Goodbye SHIB and ETH
According to Arkham Intelligence, Aoki’s wallet recently said farewell to a whopping 1.785 billion SHIB, equivalent to about $10,300. Not to mention, he also swapped out 7.25 ETH for around $15,900, sending about $29,650 worth of USDT over to Gemini. Just a couple of weeks prior, he offloaded 4.155 billion PEPE for a cool $14,700. Talk about doing some serious number crunching!
The Pain of a Dwindling Portfolio
Even though those numbers might sound impressive, let’s not forget the bitter pill of loss he’s swallowing! Aoki initially shelled out a jaw-dropping $800,000 for seven Bored Ape Yacht Club NFTs during the hype of the crypto gold rush. Now, those Apes are valued at about $13,800 each, summing up to roughly $97,000. That’s an eye-watering 88% decline! Ouch!
The Dreams of ”Dominion X”
At the height of the NFT craze, Aoki even managed to secure funding for a TV show titled