BAYC #8554 changed hands yesterday for just $13,000, down over 91% from its 2021 high

According to a post on X by CLLCT founder Darren Rovell, "Bored Ape" Bored Ape Yacht Club (BAYC) #8554 sold for only $13,046 yesterday. The NFT previously traded for $147,953 on November 5, 2021, representing a price drop of over 90%. Analysts suggest this transaction reflects the significant value volatility of some high-end NFTs during a market adjustment period.