Oleksandr Deshko
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3 USD The NFT CryptoPunks
CopywritingIn the night of October 29, 2021, the holder of the uninterchangeable token (NFT) from the CryptoPunks collection caused the surprise of cryptocurrency sales participants for a record amount in the history of the project.The deal amounted to 124.457 ETHs, which at the time of sale equivalent to more than $530 million.Surprisingly, this NFT does not have unique features that could justify a high price.As it turned out, the seller was the collector of the NFT and the DeFi-space member, who owns the "blurr.eth" address in the Ethereum Name Service domain system, and the buyer was the same.The sale mechanism was unusual - the user took the credit assets from all available sources with the help of the "flash loan" mechanism and at the same time exposed to the sale of the NFT, established a consciously untouchable price.Then he acquired NFT with the help of credit ETHs and transferred them back to the buyer's address to pay the loan.NFT also returned to the wallet originally owner.The commission for the operation was 0.19 ETH or about $800.It is worth noting that cryptocurrency investments and transactions with NFT can be both a way to financial freedom and a risky step.For successful traders and NFT collectors, it is important to have a deep understanding of the market and to analyze trends, to take effective solutions and not to be at risk of losses.However, such gross sales, as in the case of CryptoPunks #9998, becomes not only a news for the cryptocurrency community, but also proves that the potential of cryptocurrencies and NFT is not limited and can benefit the gross investors.
