OpenSea User Mistakenly Bids 100 ETH For Free NFT
NFT trader inadvertently paid a whopping 100 Ether for a free NFT from OpenSea’s Gemesis NFT collection. At current market rates, this translates to a staggering $191,239, which represents a mind-boggling 250,000% increase from the floor price of 0.04 ETH. The trader, who may have intended to bid $100, accidentally placed a bid of 100 ETH instead. Some have suggested that this sale was a result of wash trading. OpenSea Pro, the platform tailored to professional NFT traders, boasts a vastly improved suite of features, including live cross-marketplace data and advanced orders. Since OpenSea’s acquisition of NFT aggregator Gem, the platform has been refined to create OpenSea Pro. Eligible users who purchased at least one NFT on Gem prior to March 31 can mint a Gemesis NFT until May 4. The world of NFT trading, which has seen a surge of interest in recent years, despite its controversial reputation. It is fascinating to see how a seemingly small mistake can have such a significant impact on the value of an NFT.
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