The $1.5 Million Mistake.

Are NFTs still hot cakes in today’s market?

Someone just paid 10x more for a punk!

Say you want to buy an NFT.

You’re browsing through NFTs, and you stumble upon CryptoPunk #5363.

Without a second thought, you place a bid, but instead of 65.5 ETH, your fingers slip, and you bid a whopping 655 ETH.

That’s over $1.5 million for a pixelated digital avatar.

Oops!

Would you ever make such a monumental mistake?

Wait.

Is that even humanly possible?

When I saw this news, I was in disbelief.

That is too difficult a mistake to make.

A person savvy enough to make a purchase of $1.5M cannot be so careless.

Yes accidents happen, but not that likely when you are trying to buy some high-end luxury NFT.

The buyer, whose identity remains shrouded in mystery, paid ten times the going rate for a CryptoPunk.

Wash trading is as shady as it sounds and there’s plenty of it going around the crypto world.