A NFT Trader Sells 5 Penguins NFTs For $175 – Was It A Mistake or Tax Evasion?
On December 31, a crypto wallet belonging to an anonymous crypto trader has shocked both the crypto and the non-fungible token communities on X (formerly Twitter) after the record showed that it had sold five Pudgy Penguins NFT collections for $35 each, totaling only $175. Since the Pudgy Penguins have a current floor price of 21 ETH, the NFT trader has probably suffered nearly a half-million-dollar loss. An NFT Trader Probably Loses Over $300K In a December 31 blog post, Xeer, the founder of ApeVenturesVC and a renowned crypto and non-fungible token influencer confirmed that an undisclosed trader has sold five of his Pudgy Penguins non-fungible token collections for only $175. Based on Xeer findings, the unidentified NFT trader has sold his Pudgy Penguins #5222, Pudgy Penguins# 5996, Pudgy Penguins#2009, Pudgy Penguins#7743, and Pudgy Penguins#1550 NFT collections, all at just $34.99. Oh fuck… Someone just sold 5 of their @pudgypenguins for only $175 USD. They must have mis...