Yuga Labs Co-creation: Someone is using flash loans to cheat bids in the CryptoPunks market
According to on-chain data, about two hours ago, several CryptoPunk NFTs were subject to high bids, including: Punk 5822 with a bid of up to 8888 ETH, worth approximately $19,587,819.67; Punk 3900 with a bid of up to 6,969.69 ETH, worth approximately $15,360,151.99; Punk 7804 with a bid of up to 7,233 ETH worth approximately $15,940447.76; Punk 7523 with a bid of up to 4 ,750 ETH worth approximately $10 ,468287 .96 ; and Punk6089 with a bid of up to5 ,500ETHworthapproximately$12 ,121175 .54 .
In response to this,Yuga Labs co-founder Garga.eth posted on platform X warning that someone is using flash loans in the CryptoPunks market for fraudulent bidding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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