Someone sold NFTs worth $370k for $175 😱

Pudgy Penguins is an NFT collection with a floor price of 22 ETH ($74k) but this guy, has sold 5 NFTs for 35 USDC each.

There are two explanations:

1. The owner mistakenly accepted bids thinking 35 USDC was 35 ETH.

2. We are witnessing an attempt at tax evasion (this option is the most likely).

💰 Imagine you have to pay thousands of $ in taxes after selling NFT for big profit, by selling it to your other wallet for cheap you are able to save a lot of money.

What do you think happened? 👇

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