Most Expensive NFT Sale in History: 125,000 Ether Transactions

Artificial intelligence-focused NFT project Mech Minds made the most expensive NFT sale in history with a single transaction of 125,000 Ethereum (ETH) to raise awareness in the market.

The Mech Minds team signed a transaction that went down in history on the NFT market about 24 hours ago. The project team, who purchased the piece called “MechMind 7689” belonging to the collection with a flash loan, stated that it will be available in 2021. 500 million dollar Cryptopunk He said he was inspired by the sale.

This trade, which is made to draw attention to the important points in the market, 125 thousand ETH‘ness ($200 million) volume on the date purchased with ETH most expensive NFT was recorded as.

To promote their collections take such a step indicating team, OpenSea‘s transaction fees 0%He stated that downloading it to . On the other hand, we constantly encounter in the NFT market. “Wash Trading” against a transaction to raise awareness their aims were also stated.

In the statement made by the team, 125 thousand ETH instead of using it for such a “bad” purpose and showing the collection organic, a constructive approach to the market displayed was emphasized.

Wash trading transactions can be transferred as a wash trading and a whale can be misleading in the market, to create an artificial activity It can be explained as a form of market manipulation in which the same financial instruments are sold/buyed at the same time.


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