On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs, decided to keep the assets that were estimated to fetch around $20 to $30 million at auction.
-via news.bitcoin.com
More details entails:
luxury auction house had to cancel an NFT auction dubbed “Punk It” on Wednesday after the consignor decided to back out.
The sale would be called “Punk It,” and the NFTs stemmed from the owner “0x650d,” an individual who purchased the 104 Cryptopunks in a single transaction by paying a miner a bribe of five ethereum (ETH) in July 2021.
Thing is on the day of the auction the supposed buyer just said “NVM, decided to hodl”
