According to Wu, NFT CryptoPunk#2386was purchased by a user using a "shotgun" method for 10 ETH. The current highest bid for this NFT is 600 ETH (about 1.42 million US dollars).
Previously, the NFT owner split it through a website called Niftex, and its ownership was divided into 10,000 ERC-20 tokens in 2020, allowing investors to buy and sell individual fragments.
Although the website has been shut down, the contract is still valid on the chain, triggering the buyout function, and the user ultimately gained ownership of the NFT at a fraction of its current value.
