Here’s How a Crypto Trader Lost $10M on NFT
A crypto trader with a significant trading industry has become the biggest victim of the volatility as they lost nearly $10M ($9.73M to be accurate). Although the ongoing crypto market conditions are quite turbulent, resulting in investors losing major holdings, this case is different as the loss happened in a Non-Fungible Token (NFT). How? Let’s discuss this crypto news.
Crypto News: Trader Lost $9.73M With CryptoPunk 3100
In contrast to the rising demand for cryptocurrencies, the hype of NFTs is on the decline. Interestingly, some of the best ones were sold for as high as a million in their prime. An anonymous crypto trader also bought a CryptoPunk 3100 NFT a year ago.
At that…
