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Yuga Labs co-founder: Someone is using Flash Loans to manipulate bids in the CryptoPunks market

2025-03-02 02:44:33

ETH-0.80%

Golden Finance reported that according to on-chain data, approximately two hours ago, multiple CryptoPunk Non-fungible Tokens were subject to high bids, including:
Punk 5822 bid up to 8888 ETH, worth approximately 19,587,819.67 USD;
Punk 3900 bid as high as 6,969.69 ETH, worth approximately $15,360,151.99;
Punk 7804 bid as high as 7,233 ETH, worth approximately 15,940,447.76 US dollars;
Punk 7523 bid as high as 4,750 ETH, worth approximately $10,468,287.96;
Punk 6089 bid up to 5,500 ETH, worth approximately $12,121,175.54.
Yuga Labs co-founder Garga.eth posted on X platform to remind that someone is using flash loans to deceive bids in the CryptoPunks market.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Comment

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GateUser-56945f48

· 2025-03-02 03:31

This is crazy to know. Market forces manipulation...

Reply0

RebOWage

· 2025-03-02 03:19

Has the Market Bottomed Out?

Reply0

HappyNextStop

· 2025-03-02 02:54

Golden Finance reported that recently several CryptoPunk non-fungible Tokens have high bidding prices, including Punk 5822, Punk 3900, Punk 7804, Punk 7523, and Punk 6089. Yuga Labs co-founder Garga.eth posted a warning on the X platform that someone is using Flash Loans to conduct fraudulent bidding in the CryptoPunks market.

View OriginalReply0

GateUser-96a739ff

· 2025-03-02 02:52

Bull Run 🐂

Reply0

Zakir_Mr

· 2025-03-02 02:51

hi how are things going with people who have knowledge about btc market terrding anlisys are you doing today live BTC market

Reply0

Er10r

· 2025-03-02 02:50

The bull market is at its peak 🐂

View OriginalReply0

Zakir_Mr

· 2025-03-02 02:50

Golden Finance reported that several CryptoPunk Non-fungible Tokens have recently been bid at high prices, including Punk 5822, Punk 3900, Punk 7804, Punk 7523, and Punk 6089. Co-founder of Yuga Labs, Garga.eth, posted on X platform warning that someone is using Flash Loans to deceive bidding in the CryptoPunks market.

Reply0