Yuga Labs co-founder: Someone used flash loans to cheat bids on the CryptoPunks market
according to on-chain data, about two hours ago, multiple CryptoPunk NFTs were bid at high prices, including:
Punk 5822 bid up to 8888 ETH, worth approximately $19,587,819.67;
Punk 3900 bid up to 6,969.69 ETH, worth approximately $15,360,151.99;
Punk 7804 bid up to 7,233 ETH, worth approximately $15,940,447.76;
Punk 7523 bid up to 4,750 ETH, worth approximately $10,468,287.96;
Punk 6089 bid up to 5,500 ETH, worth approximately $12,121,175.54.
In response to this, Garga.eth, co-founder of Yuga Labs, posted on platform X to warn that someone is using flash loans to deceive bidding on the CryptoPunks market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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