He Sells NFT That He Bought Four Months Ago For Half The Price

The investor, who owns one of the rare artifacts in the CryptoPunks collection, has put his NFT up for sale for less than half the price.

In the CryptoPunks collection nine Alien Punks Investor who owns one of his works, number #5822, sold his NFT 9 thousand ether (ETH) in exchange for sale.

The person putting NFT up for sale is Chain’s CEO, Deepak Thapliyal. He did this NFT on February 12, at that time. $23.7 million the one who For 8 thousand ETH had bought.

Thapliyal did this at the time of its acquisition of NFT. via compound Robert Leshner, the founder of Compound, also said that he had done this process. had congratulated.

Thapliyal is currently running this NFT. compared to the price paid thousand ETH selling it at a higher price. But with the drop in ETH price, the value of NFT in dollars lost more than half.

The price of Ether has dropped by about 70 percent compared to its price at the beginning of the year following the overall decline in the cryptocurrency market. Meanwhile, the value of NFTs in even the most famous collections dropped more than 30 percent in June.

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