A Bored Ape Yacht Club (BAYC) NFT has sold for just $115, 99.9% lower than its current floor price.
What Happened: According to data from OpenSea, Bored Ape #835 sold for $115 worth of DAI (CRYPTO: DAI) on Monday. The floor price, or the minimum price to acquire a BAYC NFT, was 106 ETH worth $350,000 at the time of writing.
It was unclear why the Bored Ape holder, known by the pseudonym “cchan”, accepted such a low bid.
Some users speculated that he may have mistaken DAI for ETH when accepting the offer. DAI is a stablecoin pegged to the value of the U.S. dollar, whereas ETH’s current price is ahead of $3,300.
A $350,000 Bored Ape NFT #835 was just sold for only $115. The sale could be a mistake as there were other bids closer to the market value of the NFT, which were not accepted