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Mark Cuban’s Wallet Sells NFTs Worth $38,500 After Two Years of Inactivity

Billionaire Mark Cuban’s crypto wallet, which had been inactive for nearly two years, recently sold several non-fungible tokens (NFTs) totaling $38,500 and listed additional NFTs for sale worth around $66,000.

On June 23, Cuban’s Ethereum wallet, marked by the Ethereum Name Service (ENS) domain “markcuban.eth,” began offloading various NFTs. These included works like EulerBeats Genesis, DeepBlack NFTs, Pudgy Penguins, and Wrapped MoonCats.

The last activity in this wallet was recorded on January 13, 2022, when Cuban sold a Roc Aero Pitch Deck NFT for $33.73.

Mark Cuban’s Wallet to Sell Over $100,000 in NFTs

In the past two days, Cuban’s wallet sold 14 NFTs, collectively worth approximately $38,533. The most valuable NFT sold was Pudgy Penguin #6239, which fetched 9.06 Wrapped Ether (WETH), equivalent to $30,578. The other NFTs sold for prices ranging from $22 to $1,800.

In addition to these sales, Cuban has listed two high-value NFTs for sale. These include a Hashtag NFT #MFFL for 15 Ether (ETH), worth over $50,000, and a BibleNFT piece titled Deuteronomy 25:4 for 5 ETH (about $16,000).

If these two NFTs are sold, the total value of NFTs offloaded from Cuban’s wallet in the past two days will exceed $100,000.

Summary Review: Mark Cuban’s recent activity in the NFT market highlights the continued interest and potential value within the digital asset space. Despite a period of inactivity, Cuban’s wallet has quickly generated significant sales, demonstrating the enduring appeal and market for NFTs. As more high-profile figures engage in the NFT market, it further solidifies the importance and growth of this digital asset class.

Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.

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