In the days leading up to the March 11 purchase by Yuga Labs of the intellectual property of Larva Labs’ Meebits collection, more than a dozen addresses on the Ethereum blockchain purchased a large number of non-replaceable tokens. The price floor, or the lowest price a seller is willing to accept, went down to 6,134 Ether, or about $15,800, on March 12, according to NFT Price Floor. That’s almost double two days earlier.

This post NFT’s run-up is rekindling chatter about pre-deal manipulation

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