On Feb. 12, EtherRock #46 sold for $496,658, though there’s some suspicion it wasn’t a legit sale, given the average sale price beforehand was around $500. It’s not uncommon for inside-parties to collude on NFT sales to bring attention to a project. The record-breaking sale of digital artist Beeple’s “100 Days” mosaic, which put NFTs on the map, was made to a business partner, for instance. Last year, a group of art investors sued Sotheby’s for allegedly colluding with Yuga Labs to inflate the price of Bored Ape NFTs.
