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A Bored Ape NFT Was Sold for $3K Instead of $300,000

The cryptocurrency industry is no stranger to costly mistakes, and the last one seems to have happened not so long ago. Just a couple of days ago, the owner Ape #3457 from the Bored Ape Yach Club collection, accidentally sold it for a lot less than it is worth.

The NFT marketplace Opensea shows the sequence of the events that led to the unfortunate sale of a Bored Ape worth some $300K for $3K.

The former owner bought it for 1 ETH in May this year and has been trying to sell it for quite some time to no avail.

Two days ago, though, he listed it for 0.75 ETH instead of 75 ETH, and the NFT got sniped immediately.

The one who sold it by accident reportedly told CNET that it was a mistake and that bots sniped it before he could cancel the listing.

A lapse of concentration I guess. I list a lot of items every day and just wasn’t paying attention properly. I instantly saw the error as my finger clicked the mouse but a bot sent a transaction with over 8 ETH of gas fees so it was instantly sniped before I could click cancel, and just like that, $250K was gone. – He said.

This isn’t the first time something of the kind happens with an NFT from the BAYC collection.

Back in August, It was reported that someone sold Mutant Ape 5275 was sold for $17 instead of $54K – a trick that many consider being blatantly obvious.

Source: Crypto potato