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NFT Whale sells 70+ Bored Ape Yacht Club NFTs for $10 Million

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It is reported that the NFT whale, which holds more than 70 Bored Ape Yacht Club NFTs, sold them yesterday through Blur for about US $10 million.  

NFT…

NFT Whale sells 70+ Bored Ape Yacht Club NFTs for $10 Million

It is reported that the NFT whale, which holds more than 70 Bored Ape Yacht Club NFTs, sold them yesterday through Blur for about US $10 million.  

NFT Giant Whale sold more than 70 BAYC NFTs at a price of about US $10 million yesterday

Interpret the above information:


The world of Non-Fungible Tokens (NFTs) continues to heat up, and recently we have seen a dramatic rise in the value of these digital assets. In this context, it was reported that a so-called “NFT whale” has sold over 70 Bored Ape Yacht Club NFTs for around $10 million.

For those who may not be familiar with the concept of NFTs, they are unique digital assets that are stored on blockchain technology. Each NFT is one-of-a-kind, and they can be used to represent anything from digital art to sports highlights, and even tweets. The Bored Ape Yacht Club is a popular NFT collection that features cartoon apes dressed in various outfits and poses.

The identity of the NFT whale who sold these 70+ Bored Ape Yacht Club NFTs remains unknown. However, it’s clear that they were well-versed in the world of NFTs and had amassed a large collection of these digital assets. By selling them through Blur, an NFT marketplace, the seller was able to secure a significant amount of money for their holdings.

The $10 million sale is yet another example of the incredible value that can be generated through NFTs. Many creators and collectors are finding new ways to monetize digital assets, and NFTs have proven to be a lucrative avenue. As such, we can expect to see more high-value NFT sales in the future.

Additionally, the sale highlights the concept of a “whale” in the NFT space. Similar to the world of traditional finance, whales are individuals or entities with significant influence and resources. In the case of NFTs, whales often hold large collections of digital assets and can exert significant influence over the market.

In conclusion, the $10 million sale of over 70 Bored Ape Yacht Club NFTs by an unknown NFT whale is a significant event in the ongoing NFT boom. It demonstrates the incredible value that can be generated through these digital assets and highlights the concept of a “whale” in the NFT space. As NFTs continue to gain popularity, we can expect to see more high-value sales by both whales and smaller collectors alike.

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