To start off the week on an exciting note, The Sandbox decided to set a new sales record for the Bored Ape Yacht Club. The company purchased Bored Ape #3749 for an astounding 740 ETH (approx. $2.9 million USD at the time of sale).
The previous all-time record didn’t have a chance to shine in the spotlight for very long. It was only a few days ago that Bored Ape #7090, one of the rarest apes available due to its “solid gold fur” trait, sold for 600 ETH to NFT collector Robistraveling at the Sotheby’s auction.
Bored Ape #3749 was purchased for 740.0 ETH
— boredapebot (@boredapebot) September 6, 2021
The Sandbox team bought their Bored Ape from Andy Booth and James Booth, also called the Booth Brothers. The Booth Brothers have been incredibly successful in selling domain names, and are known as being high risk and high reward investors. They purchased Bored Ape #3749 less than a month ago for 400 ETH, and sold it to The Sandbox for more double the price, raking in a profit flip of $1.5 million after gas fees. An impressive flip indeed.
The Sandbox already owns a large collection of Bored Apes, Mutant Bored Apes, and Bored Ape Kennel Club NFTs.
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.