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Billionaire Investor Mark Cuban’s Crypto Wallet Seen Dumping NFTs

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Billionaire Investor Mark Cuban's Crypto Wallet Seen Dumping NFTs

  • The last transaction documented in the wallet occurred on January 13, 2022.
  • Cuban made almost $38,533 from the sale of 14 NFTs in the last two days.

After almost two years of inactivity, billionaire Mark Cuban’s cryptocurrency wallet was found selling non-fungible tokens (NFTs).

Cuban’s “markcuban.eth” Ethereum Name Service (ENS) wallet started selling NFTs on June 23. From Pudgy Penguins and Wrapped MoonCats to DeepBlack NFTs and EulerBeats Genesis, the works covered a wide spectrum.

The last transaction documented in the wallet occurred on January 13, 2022, when the Roc Aero Pitch Deck NFT was sold by the wealthy investor for $33.73.

Dumping Valuable NFTs

Cuban made almost $38,533 from the sale of 14 NFTs in the last two days. Pudgy Penguin #6239, the investor’s highest-valued NFT, was sold for $30,578 at a price of 9.06 Wrapped Ether (WETH). The remaining NFTs were priced between $22 and $1,800.

Along with the sales, Cuban intends to sell two valuable NFTs from the wallet. For 15 Ether, or more than $50,000, the billionaire listed his Hashtag NFT #MFFL. Also, for 5 ETH (about $16,000), Cuban offered a BibleNFT piece titled Deuteronomy 25:4. The wallet will have sold more than $100,000 worth of NFTs in the last two days if the two NFTs are purchased.

The 65-year-old investor recently was involved in a security problem, which coincides with his NFT dump. Cuban reported a bogus call to his Gmail account on June 23, prompting him to believe it had been hijacked.

In an X post, the investor claimed that someone posing as “Noah” had faked Google’s recovery techniques and stated that Cuban had an intruder. Finally, on June 25, after publicly praising the Google team on X, Cuban informed his followers that he had restored the account.

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