NFT collector accidentally sells $1.2 million worth of NFT for $0.0012.

March 19, 2022

Twitter user Dino Dealer claimed that he intended to list EtherRock for 244ETH but accidentally selected the smaller denomination of Ether and listed the NFT for 244 WEI.

As soon as the NFT collector accidentally listed his NFT for sale on OpenSea at just 444 WEI, a bot quickly bought the Rock for just a penny.

"In one click my entire net worth of $1 million, gone. Is there any hope? Am I GMI? Can snipers show mercy?" the NFT collector wrote on Twitter.

Dino Dealer in a futile attempt to recover his losses sent a series of messages requesting a refund on Etherscan. As of now, the NFT collector did not receive any message from the bot owner.

This is not the first time an NFT has been accidentally sold or listed for way less than its intended price.

In December last year, an NFT holder intended to list his Bored Ape NFT for around $300,000 but accidentally listed it for just 0.75ETH worth $3,000 at the time.

NFT listing accidents are becoming more common because of the decentralized nature of cryptocurrencies. Once a transaction is executed, it can not be reversed.