Tuesday, December 7, 2021
Home Crypto News Market CryptoPunk #7557 Was Mistakenly Sold For 4.444 Ethereum Instead Of 444 ETH

CryptoPunk #7557 Was Mistakenly Sold For 4.444 Ethereum Instead Of 444 ETH

- Advertisement -

The owner of NFT CryptoPunk #7557 mistakenly sold it for a pretty little amount.



It looks like the owner tried to set the price at 4444 ETH, but accidentally put a dot after the first digit and sold it for 4.444 ETH.

NFT CryptoPunk #7557 is quite rare – it represents a punk in a golden tiara, and there are only 55 such “crowned” punks in the collection.

 

The cheapest tiara Punk is around 350 ETH ($1.5 million), and the last sale of such an NFT took place at a price of 196.69 ETH ($843,000).

The last time CryptoPunk #7557 was sold 4 months ago for 59.99 ETH, so the selling person took a loss of about 55 ETH by accidentally setting the sale price of 4.444 eth.

CryptoPunk #7557 owner first set the price at 8,888 ETH. It seems then he decided to reduce the price to 4444 ETH ($19.1 million), but accidentally put a dot after the first digit and the sale was made at 4.444 ETH. So instead of millions of dollars, the owner received $19,100.

Since the price of the Punk was significantly lower than the market, the buyer used “flash bots” – he sent 3.33 ETH directly to the miner to make sure the transaction is immediately in the block.

Recall that recently the owner of NFT CryptoPunk #9998 sold his punk for a record $532 million, but later it turned out that the sale was fictitious and the owner “sold” the NFT to himself.

- Advertisement -
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. Holds major cryptocurrencies and has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Largest Bank In Colombia To Offer BTC, ETH, LTC, And BCH Trading Services With Help Of Gemini

Gemini cryptocurrency exchange has entered into a partnership with the largest bank in Colombia, Bancolombia, under which the bank's clients will have access to...

3Space Art Announces the Launch of Its Groundbreaking NFT Platform

Singapore, Singapore, 7th December, 2021, Chainwire3Space Art is thrilled to announce the official launch of its groundbreaking NFT platform that facilitates widespread use of...

Starly Closes Pre-IDO Funding Round of $6.1 Million and Announces Future Plans

Zug, Switzerland, 7th December, 2021, — Starly, the launchpad and marketplace for gamified NFTs, has just closed its pre-IDO funding round with $6.125 million...

Polygon And Wanchain Announce Strategic Partnership, Plan To Launch World’s First Direct Decentralized Layer 2-to-Layer 2 Cross-Chain Bridge

London, United Kingdom, 7th December, 2021, -Polygon and Wanchain are proud to announce a strategic partnership that will drive further adoption of Layer 2...

Gate.io Becomes The Sixth Largest Crypto Futures Platform

Singapore, Singapore, 7th December, 2021, Chainwire Leading global digital asset exchange, Gate.io, has quickly become the sixth largest crypto futures platform in the world, having...

UK FCA May Exclude Crypto Investors From Financial Services Compensation Scheme (FSCS)

Cryptocurrency investors may be excluded from the Financial Services Compensation Scheme (FSCS) in the UK. A proposal from the Financial conduct authority (FCA) is...

India Looking To Classify Crypto As Financial Assets, All Crypto Holders Must Declare Their Holdings Or Face Fines

India is considering appointing its capital markets regulator to oversee cryptocurrencies, according to people with knowledge of the matter told Bloomberg, as authorities look...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.