If you follow the Crypto/NFT space, the bear market and FTX debacle could be a broken record. That said, the Web3 space is showing signs of recovery. One such indication is the bear market defying sale of the Golden Fur Monkey, which is selling at 800 ETH ($927,000).
Bored Ape Yacht Club NFT #232 was sold on the morning of November 23, 2022. The famous NFT, historically ranked as the third most expensive BAYC NFT, is Deepak Tapridal, CEO of Chain, a Web3 cloud software startup. It was purchased by outspoken collector Keungz. moonbird I have no doubt he will pay another hefty sum for his collection.
— Keungz ❤️ Memeland 🏴☠️ YGPZ 🧘♀️ (@keung) November 23, 2022
Deepak purchased Bored Ape #232 in January 2022 for a staggering price of $2,807,394.87. However, when calculating the amount, the Crypto heavyweight appears to have lost a hefty amount of around $1,880,000 on this recent sale. It leads one to ponder the intrigues surrounding the deal.
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