NFT bull Steve Aoki has liquidated his holdings of SHIB, ETH, and PEPE; the remaining 7 BAYC tokens have seen their value drop by 88%.

CoinFeed reported on April 14th that, according to CoinDesk, Steve Aoki, the well-known DJ and producer who predicted in 2021 that NFTs would become "part of culture" within five years, is liquidating most of his crypto holdings. On-chain data shows that Aoki's wallet sold 1.785 billion SHIB (approximately $10,300) and 725 million ETH (approximately $15,900) on Monday, transferring a total of $29,650 USDT to Gemini. Two weeks ago, the wallet also sold 4.155 billion PEPE (approximately $14,700) through 1inch. Aoki purchased seven Bored Ape Yacht Club NFTs for over $800,000 during the 2021 NFT boom; these NFTs are currently worth approximately $97,000, representing an 88% drop.