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Sign InRenowned DJ Steve Aoki has liquidated significant portions of his cryptocurrency portfolio, with recent data showing the sale of 1.78 billion Shiba Inu (SHIB) tokens valued at approximately $10,340. According to Arkham Intelligence, Aoki moved the liquidated funds to the Gemini exchange, marking the conclusion of investment positions held for several years. This move follows a staggering 88% decline in the valuation of his Bored Ape Yacht Club (BAYC) NFT collection. Aoki, who previously offloaded holdings in ETH and PEPE, appears to be systematically retreating from the digital asset space he once championed. Market analysts suggest that this high-profile exit underscores the persistent liquidity challenges and valuation risks within the NFT sector. The liquidation serves as a cautionary signal for retail sentiment regarding celebrity-endorsed crypto assets.