Buyer Purchases 69 DeGod NFTs Worth $1 Million Via Magic Eden

  • Pokeee had promised this on Twitter if his post on January 13 received 1,000 likes.
  • The buyer claimed to oversee a private cryptocurrency fund.

On Monday, an unnamed trader who goes by the handle “Pokeee” paid over $1 million to “sweep” 69 DeGods NFTs. Using a technology that allows purchasers to “sweep the floor,” or acquire a specified amount of NFTs, Pokeee acquired the NFTs from a project via the Magic Eden marketplace. To hedge against potential losses, investors may sometimes acquire a large quantity of the lowest-priced NFTs in a project rather than a select few more costly assets.

According to DeGods, it is the “#1 NFT community on Solana.” The Boring Ape Yacht Club (BAYC) has nothing to do with these NFTs. 

Fulfilled His Promise

Pokeee had promised this on Twitter if his post on January 13 received 1,000 likes. As part of his tweet, he stated his intention to buy 69 in NFTs “in support of” the project’s planned migration to Ethereum. Over time, the tweet was liked over 3,000 times. The transaction, which cost close to $900,000, was consummated three days later.

He stated:

“My goal with this investment is actually to bridge them to ETH. I was unable to invest more of my portfolio into Solana because of on-chain risks. On smaller NFTs and mints back then, I was having a good time in Solana.”

According to Pokeee, the owner of the Pokeee.eth Ethereum Wallet is the same person. But it includes the Ethereum Name Service (ENS) name, three rare Bored Ape Yacht Club NFTs, and other rare NFTs. In a text interview posted on the Magic Eden website, Pokeee claimed to oversee a private cryptocurrency fund.

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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.