A trader lost over $760,000 on the sale of NFT from the BAYC collection
Token #8585 from the BAYC collection was sold for 153 ETH (about $255,000) on the X2Y2 platform. In October 2022, the value of this NFT was 777 ETH ($1.02 million).
Thus the former owner lost more than $760,000. In less than a year, the asset's price dropped by 80%.
