​NFT collector loses 35 ETH after a “fat finger” bid on Beanz | Crypto Shake

​NFT collector loses 35 ETH after a “fat finger” bid on Beanz collection

An NFT collector by the name “Franklin” on Twitter has accidentally lost 35 ETH, worth over $59k, after a “fat finger” bid on Beanz collection.

A costly fat finger
Franklin, who claims to be the sixth largest collector of Bored Ape Yacht Club (BAYC), said he accidentally placed a “fat finger” offer of 35 ETH for a Beanz collection. He meant to place a much lower bid considering the floor price of the Beanz NFTs is less than 2 ETH.

As you may already know, I placed a fat-finger collection offer of 35 ETH on Beanz. I meant to type a much lower bid with a quantity of 35, but I instead bid 35 ETH for 1 purchase (floor of like 1.73 ETH at the time). It got accepted before I could cancel.

Beanz NFTs are “small species that sprout from the dirt in the garden” and can make a “great sidekick for Azuki”. Each Bean, the creator explains, is “earnestly driven by the desire to help”. All Beanz NFTs have been minted on Ethereum.

By accepting the bid price offered by Franklin, the seller of the unidentified Beanz NFT got an above-rate profit from the asset. The immutable nature of ETH and crypto transactions means funds cannot be reversed once confirmed.