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Do you know what’s going on in this transaction? : ethereum

by crypetonews
January 19, 2023
in Ethereum
Reading Time: 2 mins read
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I’m trying to understand how this transaction is structured.

– C5320D buys the NFT for 0.0244 ETH from 06BBBB.

– Then C5320D instantly sells it to matty247 for 0.100 WETH.

– 06BBBB transfers the token to matty247.

Why does the NFT only change hands once even though it was sold twice? Why is the transaction sent from C5320D? Why would matty247 but this INSTANTLY for 0.100 WETH if it was just sold for a much lesser price, and why was it instant?

r/ethereum - Do you know what's going on in this transaction?

TX: https://etherscan.io/tx/0x130047803f0eea6e7df9f9a9ed0444252f61dfb5201b6157341bb82ab2a779c0

OpenSea: https://opensea.io/assets/ethereum/0x705b9dbd0d5607beafe12e2fb74d64268d3ba35f/9123

Note: I’m not promoting anything and I think NFTs are a scam. I just came across this really strange transaction that I can’t make sense of.



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Tags: ethereumTransactionWhats
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