The person who bought this from Punkstrategy also bought 1.5% of the supply of $PNKSTR on day 1 for $17,000 Overpaid for the punk by $28,000 then turned around and sold a $400,000 clip into the protocols buys Still own 0.7% of the supply and are up ~$1.5m Legendary trade
TokenWorks™
TokenWorks™19 hours ago
PunkStrategy has sold its second Punk for 53.69Ξ
If they sold the same amount of tokens without buying the punk, theyd net ~$360k But after they bought the punk, the protocols buys pushed $pnkstr price up ~12% He lost $28,000 on a punk to make an extra ~$48k on the sell coolest trade of the year imo
NVM on second look they actually sold like $1,000,000 worth $28,000 loss to make ~$100,000 more on the sell... even crazier
97.22K