According to BlockBeats news, on October 4, on-chain data showed that CryptoPunk 1563 was “transacted” for 24,000 ETH through a flash loan. The actual operation is that in a transaction, the “buyer” of the NFT lends 24,000 ETH from the DeFi protocol Balancer, and then the “seller” repays the loan to the Balancer. No one makes money during the purchase or sale, but the party performing the transaction actually pays network fees, and the NFT does move between wallets.
Anonymous on-chain detective 0xQuit said the flash loan was apparently related to an upcoming meme coin called “Kamala Harris Punk” and that the sale seemed to be to stimulate interest in the token’s pre-sale. gimmick taken. (Decrypt)
