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Crypto News: Here’s How a Crypto Trader Lost $10M on NFT

CoinGape LogoCoinGape22h ago

Crypto News: Here’s How a Crypto Trader Lost $10M on NFT - CoinGape

Quick Summary:

Although the ongoing crypto market conditions are quite turbulent, resulting in investors losing major holdings, this case is different as the loss happened in a Non-Fungible Token (NFT).How?

A crypto trader with a significant trading industry has become the biggest victim of the volatility as they lost nearly $10M ($9.73M to be accurate).

Ethereum has lost nearly 55% of its value in a year.


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Crypto News: Here’s How a Crypto Trader Lost $10M on NFT - CoinGape (Picture 1)Crypto News: Here’s How a Crypto Trader Lost $10M on NFT - CoinGape (Picture 2)Crypto News: Here’s How a Crypto Trader Lost $10M on NFT - CoinGape (Picture 3)

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-12 @ 12:57:32 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 332 words

Reading Time: 2 minutes read

Sentences: 39 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27808225

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 10 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Crypto News: Here’s How a Crypto Trader Lost $10M on NFT" has 332 words across 39 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Crypto News: Here’s How a Crypto Trader Lost $10M on NFT" was covered 22 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 10 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27808225
  • URL: https://beamstart.com/news/crypto-news-heres-how-a-17444627147010

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