skip to Main Content
bitcoin
Bitcoin (BTC) $ 59,762.01 3.48%
ethereum
Ethereum (ETH) $ 3,276.48 4.07%
tether
Tether (USDT) $ 0.999867 0.11%
bnb
BNB (BNB) $ 552.14 4.39%
solana
Solana (SOL) $ 140.37 8.06%
usd-coin
USDC (USDC) $ 1.00 0.03%
staked-ether
Lido Staked Ether (STETH) $ 3,274.34 4.06%
xrp
XRP (XRP) $ 0.4635 4.02%
the-open-network
Toncoin (TON) $ 7.76 3.37%
dogecoin
Dogecoin (DOGE) $ 0.117875 5.12%

How This Investor Mistakenly Sold His Rock NFT Worth a Million for Virtually Nothing

Remember Ether Rocks – the plain rock jpegs that became incredibly valuable NFTs last year? A lucky owner recently tried to cash in on one of those collectibles – but accidentally sold it for under a cent.

  • Twitter user @dino_dealer (aka Rock Dust) once held EtherRock #44, and planned to sell it for 444 ETH. At today’s price, that’s over $1 million.
  • The idea wasn’t crazy: multiple other ‘worthless’ images within the same collection sold for well over $500,000 last August.
  • However, Dust accidentally fat-fingered its listing, putting it up for 444 Wei rather, instead of ETH.
  • Wei is the smallest denomination of ETH that can be traded. Exactly 1,000,000,000,000,000,000 Wei is equal to just 1 ETH. In other words, the 444 Wei the rock was listed for is worth orders of magnitude less than a penny.
  • Dust had little chance to reverse the listing either: a trading bot nabbed the free NFT within the same block.
  • Dust said that his entire net worth was placed in the digital rock, and asked those who sniped it to “show mercy”.
  • This isn’t the first time an NFT holder butchered his own sale: in December, one BAYC holder sold his ape for $3 rather than $300,000. Since crypto transactions are peer to peer and irreversible, such accidents are virtually impossible to remedy.
  • Dust agreed that his accident was somewhat of an “easy come, easy go” scenario, which caused him to not carefully double-check his sale before making it.
  • “The controls are the same whether transacting $1 or $1 billion,” he said. “It’s just a line of data and a click of a button.”

Loading data ...
Comparison
View chart compare
View table compare
Back To Top