Original Author: Kxp, Leo BlockBeats

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Franklin sells 29 BAYCs one after another

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The picture shows Franklin's first BAYC transaction yesterday

After inquiry, from yesterday to now, Franklin has sold a total of 29 BAYCs, with an average price of about 55 ETH (about 6.05 million US dollars in total). Currently, there are 2 BAYCs left in his address (BAYC#3060 and BAYC#4865), and there are still in the list.

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Selling BAYC Reasons

Later, Franklin also explained the reason for selling BAYC. He said that in a previous investment, he was defrauded of nearly 2,000 ETH. Very reliable. Someone then used their funds in a "casino Ponzi scheme" that ultimately made the investment worthless. Franklin did not disclose information about the Rug project. Franklin said: "I hope others can learn from this incident." Lesson learned." In addition, Franklin also mentioned that he also lost about 650 ETH in the gambling game on Rollbit.

Franklin also explained that the Rug project he invested in had nothing to do with Rollbit, and the money he lost on Rollbit was within his own tolerance. Although he lost a lot of money on Rollbit, this was not the main reason for selling BAYC. Rollbit’s loss, investment project Rug, together became the straw that broke the camel’s camel, and Franklin said that it is not yet appropriate to elaborate on these issues.

epilogue

epilogue

Franklin issued a post saying that after focusing on the remaining BAYC and life, he sold many BAYCs one after another. The latest sale of BAYCs was two hours ago. Some large households sold almost all of BAYC, and it took only one day from peak to trough.

BAYC holds large accounts and has sufficient funds, but because of wrong investment and gambling, almost everything has been destroyed. This incident also brings two warnings to everyone:

-Do enough research before investing in a project, and don't blindly participate because of the identity of other project investors;

-Although spinach on the chain is transparent enough, it still has a high probability of leading participants to the abyss.