NFT bull and American DJ Steve Aoki liquidates major crypto positions after failed Dominion X project and 88% drop in Bored Ape value, signaling continued weakness in NFT markets

$45K in fungible token dumps while diamond-handing $97K worth of Apes that cost him $800K+ — Aoki can exit SHIB and ETH because there's actual liquidity, but BAYC at ~5.5 ETH floor (down from 128 ETH in May 2022) means those seven Apes are dead weight on the books. He's not even the worst celebrity exit: Bieber's single Ape purchase at $1.3M is now sitting at a ~$2.8K highest bid, a 99% drawdown. Dominion X was supposed to prove NFT-funded content could work — 500 mints sold in 30 seconds on Nifty Gateway, his manager admitted it "barely covered" production costs, and the show never reached broadcast.

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