Buyer Faces $3M Loss In Squiggle NFT Bet Amid Crypto Meltdown
The latest market analysis confirms that an anonymous trader who bought a pair of Chromie Squiggle non-fungible tokens (NFT) last year for a staggering $4 million now attract more than a $3.9 million loss amid the continuing general crypto meltdown. On September 07, 2021, Christie’s, a British auction house, announced that an anonymous buyer had bought two Chromie Squiggle NFTs.
At the time, the anonymous buyers snapped up Chromie Squiggle #7583, a rare and perfect spectrum at 922.5 ETH, and a follow-up purchase of Chromie Squiggle #2855 for 420 ETH. Before ending the spending spree, the buyer grabbed Ringer #787 for 275 ETH. These purchases attracted the attention of the winder NFT community, with many speculating the buyer was a Venture Company or an institution as the estimated wallet was worth more than $25milion and featured an array of highly sought-after pieces.
Source
@Metaverse_Web3_GameFi
