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Sotheby’s Cancels Auction of 104 Cryptopunks Due to Collector’s Backtracking on Auction

By WebsCryptoFebruary 24, 20221 Min Read
Sotheby’s Cancels Auction of 104 Cryptopunks Due to Collector’s Backtracking on Auction
Image Source: OpenSea
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On February 24th, the collector 0x650d, who previously announced that he would cooperate with Sotheby’s to auction 104 CryptoPunks on February 23rd, repented before the auction and posted “I’m sorry, I decided to HODL”, which led to the cancellation of the auction.

As previously reported, according to the official announcement of Sotheby’s auction house, Sotheby’s will auction 104 Cryptopunks on February 23. According to the price at that time, the NFT price of this auction is expected to be between 20 million and 30 million US dollars.

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According to the disclosure of the announcement, these Punk NFTs were purchased by anonymous collector 0x650d in August 2021. Sotheby’s allows the winning bidder to pay in cash or cryptocurrency, and will also host VIP dinners and DJ parties, as well as other live events.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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