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Yuga Labs co-founder: Someone is using Flash Loans to manipulate bids in the CryptoPunks market
Golden Finance reported that according to on-chain data, approximately two hours ago, multiple CryptoPunk Non-fungible Tokens were subject to high bids, including: Punk 5822 bid up to 8888 ETH, worth approximately 19,587,819.67 USD; Punk 3900 bid as high as 6,969.69 ETH, worth approximately $15,360,151.99; Punk 7804 bid as high as 7,233 ETH, worth approximately 15,940,447.76 US dollars; Punk 7523 bid as high as 4,750 ETH, worth approximately $10,468,287.96; Punk 6089 bid up to 5,500 ETH, worth approximately $12,121,175.54. Yuga Labs co-founder Garga.eth posted on X platform to remind that someone is using flash loans to deceive bids in the CryptoPunks market.