NFT From Bored Ape Sells for 3K Instead of 300K
  • 2 years ago
On December 11th, the seller of Bored Ape’s NFT #3547 accidentally listed the NFT for 0.75 Ethereum instead of 75 Ethereum. Sadly for the seller, 0.75 Ethereum is around $3000 and 75 Ethereum is worth about $300 thousand. As it goes in most high-stakes retail situations, an opportunistic buyer swooped in and bought the NFT almost instantly. “How’d it happen?” the seller, named Max, asked. “A lapse of concentration I guess.” Because the decentralized markets are not like shopping at your local store, the only way to reverse this transaction would be for the buyer to return the NFT of their own free will, and that doesn’t seem like it will happen. In fact, it appears the buyer went to OpenSea and listed the NFT for 85 Ethereum or about $321,000. Earlier this year, a similar error listed a CryptoPunk NFT for over $19 thousand instead of $19.4 million. At press time, Ethereum was trading at nearly $38 hundred dollars, nearly $200 off its 24-hour high.
Recommended