According to Foresight News, Garga.eth, co-founder of Yuga Labs, has reported that individuals are exploiting flash loans to manipulate bids in the CryptoPunks market. Recently, several CryptoPunk NFTs have received substantial bids, with CryptoPunk 5822 attracting an offer of 8,888 ETH, approximately valued at $19,587,819.67.
CryptoPunks Market Faces Flash Loan Exploitation
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