Why Did this Investor Sell Pudgy Penguin NFT for just $175?

The Pudgy Penguin NFT series is one of the most demanded non-fungible tokens in the market, which is why they also have a decently high value. However, the people were speechless when an investor sold millions worth of NFTs for just $175. The user left people in both the non-fungible token industry and crypto industries curious, and some even created controversy about it.

Investor Sold 5 Pudgy Penguin NFT For Just $175

According to ApeVentureVCs founder XEER, an anonymous investor, has solved five of the Pudgy Penguin NFTs at just $175, leaving people in shock. This is because the same tokens would have been worth millions, as a single Pudgy NFT costs 21 ETH or $116.9k at the current Ethereum price, not the $35 the person has sold.

Further, XEER cleared that the investor has sold Pudgy Penguins #5222, Pudgy…