When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from the owner of Ape #6462, who sold the NFT for $200 USDC.
BAYC Holder sells Ape #6462 for $200
On Sunday, Boredapebota Twitter handle that posts Bored Ape Yacht Club (BAYC) collection ape sales, revealed that someone sold Ape #6462 for a whopping 200 USDC ($200).
BAYC is one of the most expensive NFT collections in the market, with its floor price currently at 101.75 ETH ($206,000). Considering that Ape #6462 has some of the rarest attributes, which include a bone necklace, police motorcycle helmet, and a bored pizza, it is possible that the most recent sale was yet another costly mistake.
If so, that would mean the owner was thinking of accepting an offer of 200 ETH instead of 200 USDC. It also means the previous owner sold the Ape 99.9% below floor price.
Tax Evasion?
While a few crypto users sympathized with the seller, many strongly believe it was a tax evasion scheme, considering the circumstances surrounding the transaction.
Transaction history on OpenSea shows that the NFT was sold several times for no less than 2 ETH ($7,000) about a year ago. It also shows that Ape #6462 has been transferred at least five times between different wallets since its inception.
Additionally, the buyer’s account on OpenSea was created this month, and the offer was accepted a few minutes after being received.
While one user suggested it could be a very wealthy NFT holder who “sold his nephew one of his board monkeys for $200,” another suggested he’s was an insider’s job.
Regardless of the reason for the transaction, this is not the first time a BAYC holder has sold an Ape for a lot less than it is worth. Last December, the owner of Ape #3457 made a costly mistake by selling the NFT for $3,000 instead of $300,000.
