The June 6 sale followed a previous $147,953 transaction on November 5, 2021, highlighting how sharply some high-end NFTs have repriced during the market adjustment.
Bored Ape Yacht Club NFT #8554 sold for $13,046 on June 6, a steep decline from its previous sale price of $147,953 on November 5, 2021. Darren Rovell, founder of CLLCT, disclosed the transaction on X. The drop of more than 90% underscores the pronounced volatility seen in some high-end NFTs (digital collectibles on a blockchain) as the market continues to adjust from earlier peak valuations, analysts said.