An NFT collector just lost $150K for the ENS domain

Ethereum Name Service (ENS) is currently the most valuable digital collectible to own on the OpenSea marketplace. However, someone just sold his valuable ENS domain to himself for 100 ETH, around $150,000, due to a “joke” bid that he couldn’t cancel.

Franklin, a pseudonym collector who owns a large collection of valuable NFTs, bought an ENS domain name and registered it under an alternative Ethereum wallet. The domain name is called stop-doing-fake-bids-its-honestly-lame-my-guy.eth.

After that, he placed a meme “joke” bid of 100 WETH using his main wallet. He wanted the ENS Bids Twitter bot to tweet his bid just to show the hype behind the ENS domain name sold for millions of dollars.

During this ongoing meme joke, he forgot to cancel the bid he had placed with his main wallet. So, when someone bid 1.9 ETH ($2,880) for the .eth domain, the NFT collector was more than happy to sell it to them but unaware of his bid.

As soon as he approved, the domain name was transferred to his main wallet, crediting 100 ETH from his wallet.

“Oh no, I lost 100 ETH,” he tweeted. “I was celebrating my joke of a domain sale, sharing the spoils, but in a dream of greed, forgot to cancel my own bid of 100 ETH to buy it back. This will be the joke and bag fumble of the century. I deserve all of the jokes and criticism.”