Address Believed to Be Coinbase Buys 'UpOnly' NFT for $25 Million

Uk Jin

Summary

  • An address believed to be Coinbase has reportedly purchased an ultra-high-priced NFT.
  • The Ethereum (ETH) address coinbase.eth was confirmed to have purchased the 'UpOnly' NFT from famous trader Cobie for 25 million USDC.
  • The NFT is one of Cobie's main collections, and investors are focusing on whether Coinbase will enter the NFT market.

An address believed to be Coinbase has been reported to have purchased an ultra-high-priced non-fungible token (NFT).

According to Arkham on the 21st (Korean time), the Ethereum (ETH) address coinbase.eth was confirmed to have purchased the 'UpOnly' NFT from famous trader Cobie for 25 million USDC.

Cobie runs the UpOnly podcast and media brand, and the NFT is known as one of his main collections.

publisher img

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
What did you think of the article you just read?