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Yuga Grails OTC Facilitates Completed OTC Trade of BAYC #950 and #5310

Yuga Grails OTC posted on X on October 31, 2026, saying that it had facilitated the completed over-the-counter (OTC) transaction of Bored Ape Yacht Club (BAYC) #950 and BAYC #5310. The buyer was Adam Weitsman, and the seller was @machibigbrother (Machi Big Brother, Huang Licheng / Jeffrey Huang).

The account’s original post read: “BAYC #950 & BAYC #5310 secured via @GrailsOTC. Buyer: @AdamWeitsman Seller: @machibigbrother”. Adam Weitsman then posted to thank Grails OTC, PPMan, Quit and figge for helping facilitate the related transaction, and said that without their help, most such transactions might not be completed. The announcement did not disclose the transaction amount.

Original sources:

  1. Title: BAYC #950 & BAYC #5310 secured via @GrailsOTC... Publisher: Yuga Grails OTC (@GrailsOTC) Publication date: 2026-10-31 URL: https://x.com/GrailsOTC/status/2116617178803781884 Source type: original post by the party involved Verification status: This reading covered the full original post and media, verification date 2026-11-01 Supporting content: Yuga Grails OTC announced that it had facilitated the completed OTC transaction of BAYC #950 and #5310, with Adam Weitsman as the buyer and @machibigbrother as the seller

  2. Title: In full disclosure, if @GrailsOTC and @PPMan... Publisher: Adam Weitsman (@AdamWeitsman) Publication date: 2026-10-31 URL: https://x.com/AdamWeitsman/status/2116648230901674218 Source type: original post by the party involved Verification status: This reading covered the full original post, verification date 2026-11-01 Supporting content: Buyer Adam Weitsman confirmed the related transaction and thanked those who helped, without disclosing the amount

ABAB AI Insight

Adam Weitsman is an industrialist from Owego, New York, in the United States. He operates scrap metal businesses such as Upstate Shredding – Weitsman Recycling, and he is also a publicly active NFT collector who has repeatedly purchased BAYC and related assets through OTC transactions. The seller, @machibigbrother, is Huang Licheng (Jeffrey Huang), known as Machi Big Brother, and has long held and traded large numbers of BAYC. Previously, in mid-October 2026, the same Yuga Grails OTC facilitated Weitsman’s purchase of BAYC #197 with gold fur from him, and described it as one of the highest-value BAYC transactions in the past 12 months.

The path this time was: seller Huang Licheng transferred two specific numbered BAYC tokens to buyer Weitsman through the Yuga Grails OTC platform, without posting them on the public market. Yuga Grails OTC is supported by the Yuga Labs-related ecosystem (figge is the CEO of Yuga Labs) and focuses on private matchmaking for high-value “grail” assets such as BAYC and MAYC. After the transaction was completed, both sides confirmed it publicly on X. The undisclosed price and specific terms mean the market cannot directly infer the execution price of these two tokens from public data.

Unlike public-market listings, OTC concentrates liquidity among known collectors and avoids floor-price impact. Weitsman and Huang Licheng had already completed at least one high-value BAYC transaction through the same channel. With these two additional tokens, Weitsman is continuing to expand his BAYC holdings through private channels, while Huang Licheng has continued reducing holdings of specific numbered assets after several recent NFT sales. The difference between the public market and OTC is that the former is price-transparent but may pressure similar assets lower, while the latter is price-opaque but makes it easier for both sides to complete large transfers.

This transaction moved BAYC #950 and #5310 from Huang Licheng’s holdings to Weitsman’s name, increasing Weitsman’s concentration in high-value BAYC numbers while giving Huang Licheng an exit route that did not go through the public order book. Against the backdrop of limited overall NFT market liquidity, private transactions facilitated by Yuga-related OTC platforms have become one of the main channels connecting long-term holders with continuing buyers, and prices and subsequent holding changes still depend on the undisclosed terms between the two sides.

ABAB News · Law of Cognition

  1. OTC keeps the prices of high-value numbered assets between the two sides, while the public market exposes the prices to all observers.

  2. The same matchmaker repeatedly connecting the same buyer and seller makes private channels a continuing transfer path between specific collectors.