'Fat Finger' Errors or Bad Investments? Here Are 10 NFTs That Were Sold at a Substantial Loss as Crypto Markets Have Cooled | Artnet News

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'Fat Finger' Errors or Bad Investments? Here Are 10 NFTs That Were Sold at a Substantial Loss as Crypto Markets Have Cooled | Artnet News
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'Fat finger' errors or bad investments? Here are 10 NFTs that were sold at a substantial loss as crypto markets have cooled:

We hear a lot about major NFT sales where the prices go up and the seller makes lots of money. But in the past few months, many NFTs have sold for way less than what they were bought for.

Celebrities who “acquire” high-value NFTs tend not to sell them. If NFT prices drop too low, NFT collectors simply stop listing them, in the hopes that the market will rebound in the future. Fat finger mistakes, when the seller types in the wrong listing price or accepts the wrong bid, are surprisingly common. When a fat finger listing happens, it’s often instantly sniped by bots.

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