Someone who goes by the ENS thekuong.eth has been buying a whole bunch of Reddit avatar NFTs on OpenSea. You can check out his activities here.
A snippet of his recent activity:
Noteworthy for three reasons:
Most of these sales are the first sales of each collection, officially made on OpenSea. Meaning someone has valued and deemed worthy of purchasing these NFTs. It’s done by the same person and in large quantity. Most of the buy prices are significantly higher than the original mint cost. Yet the buyer thinks it’s worth buying.
Does the thekuong.eth knows something? Or is he just being a degen placing bets on what may or may not flop? Whatever it is, this is a landmark for Reddit NFTs and an official status of “Being traded on secondary market”.
Anyone who has minted the NFTs or gotten them for free, whether you decide to hold onto yours or cash out now is entirely up to you. It’s just exciting to see sales actually happening for these avatars now.
submitted by /u/Wubbywub
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