Beneath the shiny veneer of colorful collectibles and versatile assets lurks the level of degeneracy everyone aspires to. A deliberate deviant who casually drops dollars. crypto punkall against the backdrop of a stagnating crypto industry and decline NFTs sale.
Despite the sheer insanity of the scenario, this is what an NFT Twitter resident met early Thursday morning as his unaccounted wallet dropped an incredible sum of money. 3,300 ETH Get the services of CryptoPunk #2924. 38th ranked asset in the CryptoPunk collection that last changed owners at “just” 150 ETH in 2020.
Wallets that previously funded punk buyers (funding 1900 of the 3300th) have been mostly dormant since 2017 when eth was $250 🤯
Mf woke up today and said “fuck buying a punk for $4 million”💀
— brucej.eth (@TheBrycei5Right) September 29, 2022
After the purchase, several NFT detectives took action to find out more about the incredible sale. But their research seems to have posed more questions than answers. As such, the user was able to trace most of his funds (1,900 ETH) to his wallet, which has been dormant since 2017. At that time, ETH was only priced at $250 and there was a crazy new project running called CryptoPunks. Free NFTs.
Speculations, theories and suggestions continue to circulate on the social media arena. But the firm motive for the purchase remains elusive for now.
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*All investment/financial opinions expressed by NFT Plaza are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.
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