DJ Steve Aoki effectively withdraws from crypto market after losses

Famed DJ Steve Aoki has effectively withdrawn from the cryptocurrency market following significant losses, Watcher.Guru reported, citing on-chain analytics firm Arkham. Aoki sold approximately $30,000 worth of Shiba Inu (SHIB) and Ethereum (ETH), transferring the funds to the Gemini exchange. While he still holds nine Bored Ape Yacht Club (BAYC) NFTs, the value of these assets has plummeted from a total of around $800,000 in 2021 to approximately $13,800 per NFT at present.