A fat-fingered error means the investor sold his Bored Ape for $3,000 — far below the floor price of $210,000.
If you're feeling bad about a mistake you've made while trading cryptocurrencies, spare a thought for this NFT collector.
"I list a lot of items every day and just wasn't paying attention properly. I instantly saw the error as my finger clicked the mouse but a bot sent a transaction with over 8 ETH of gas fees so it was instantly sniped before I could click cancel, and just like that, $250,000 was gone."
A Huge Mistake
Such blunders have happened in the world of Bored Apes before.
Max appears to be pretty sanguine about what happened, telling the publication:
"The industry is so new, bad things are going to happen whether it's your fault or the tech. Once you no longer have control of the outcome, forget and move on."
In the fiat world, payment processors often give you a chance to double-check a transaction before you send it — and may even flag if something doesn't look right. In some cases, reversals can also be achieved.
But it's different in the world of crypto, and if a mistake is made, you may have little to no chance of recouping your funds. Max's story serves as a powerful lesson to check, double-check and triple-check before completing a payment — especially if it involves large sums of crypto.