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Moonbirds Co-founder Kevin Rose Dumps $1.3M NFT Amid Fresh Acquisition


by CoinEdition
  • Moonbirds co-founder Kevin Rose initiates a massive sell-off of his prized NFT.
  • Over the past 16 days, Rose has unloaded 328.92 ETH worth of digital assets.
  • Rose’s sale amounts to a staggering monetary value exceeding $1.3 million.

Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has initiated a significant sell-off of his prized NFT collection. Prominent Chinese reporter Colin Wu brought attention to Rose’s massive liquidation moves in a recent post on X.

Colin Wu, citing data from NFTScan, disclosed that over the past 16 days, Rose has successfully unloaded 328.92 ETH worth of digital assets. Considering the prevailing market price of Ethereum at $3,960, Rose’s sale amounts to a staggering monetary value exceeding $1.3 million.

Among the standout sales, Rose parted ways with the cove…

The post Moonbirds Co-founder Kevin Rose Dumps $1.3M NFT Amid Fresh Acquisition appeared first on Coin Edition.

Read the article at CoinEdition

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Moonbirds Co-founder Kevin Rose Dumps $1.3M NFT Amid Fresh Acquisition


by CoinEdition
  • Moonbirds co-founder Kevin Rose initiates a massive sell-off of his prized NFT.
  • Over the past 16 days, Rose has unloaded 328.92 ETH worth of digital assets.
  • Rose’s sale amounts to a staggering monetary value exceeding $1.3 million.

Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has initiated a significant sell-off of his prized NFT collection. Prominent Chinese reporter Colin Wu brought attention to Rose’s massive liquidation moves in a recent post on X.

Colin Wu, citing data from NFTScan, disclosed that over the past 16 days, Rose has successfully unloaded 328.92 ETH worth of digital assets. Considering the prevailing market price of Ethereum at $3,960, Rose’s sale amounts to a staggering monetary value exceeding $1.3 million.

Among the standout sales, Rose parted ways with the cove…

The post Moonbirds Co-founder Kevin Rose Dumps $1.3M NFT Amid Fresh Acquisition appeared first on Coin Edition.

Read the article at CoinEdition

Read More

CryptoBatz – Ozzy NFT spikes 427% after death, before crashing back to Earth

CryptoBatz – Ozzy NFT spikes 427% after death, before crashing back to Earth

From hype to hangover - Tracking the CryptoBatz cooldown...
The NFT Battle That Challenges Brand Rights in the Digital Realm

The NFT Battle That Challenges Brand Rights in the Digital Realm

The BAYC NFT case saw a key legal development in the U.S. The court nullified the low...