A savvy NFT collector has recorded an incredible $1.5m profit in a single sale from the Bored Ape Yacht Club (BAYC) collection.
The sale – which was made today – netted the trader an extraordinary 420 ETH ($1.5m) in profits after they held the incredibly rare ‘Terminator Ape’ for approximately five months since the May 1 mint of the collection.
0xbp FLIPPED BAYC #5199
🏆 Status: Diamond Hands
🛍 Bought: 5 ETH @ $2,949
💰 Sold: 425 ETH @ $3,608
🤝 HODL: 5 months 11 days
Ξ PROFIT: 420 ETH
💲 PROFIT: $1,518,655 (📈 +10,299%)https://t.co/0rt1XuCHhe
— Flip McBot (@nftsalesbot) October 14, 2021
The seller – popular developer and researcher Blockpointlabs – originally bought the ‘Terminator Ape‘ for five ETH ($14,750 at the time) and ‘diamond-handed’ throughout the incredible run that the BAYC collection has seen in recent months.
One of the most sought-after trait combinations in the collection, the ‘Terminator Ape’ is a combination of the ‘Robot Fur’ and ‘Cyborg Eyes’ traits.
It’s one of only five apes from the 10,000-strong collection with this combination of traits, leading many in the NFT community to agree that the ape justifies its high price tag due to its status as a ‘thematic ape’.
This cyborg themed 4T just went for 425 ETH. A casual $1.5 mil.
— IPANØ 🍌 (@ipano_ipano) October 14, 2021
The most popular ‘thematic’ ape in the NFT community is Jenkins The Valet – An ‘Valet’ themed ape that is now represented by talent agency Creative Artists Agency (CAA) to help “tell his stories on a larger stage”.
The sale marks the incredible demand for the collection, which has recently been spurred on by its announcement of a utility token in Q1 2022 and the collections moment in the spotlight at a recent Christie’s auction.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.