TechFlow news, according to Decrypt on March 24, crypto artist Beeple said he was "scared" by ETH volatility shortly after receiving his $69.3 million auction share (after deducting auction house fees and taxes), and immediately cashed out $53 million worth of ETH into USD. Earlier reports indicated that Beeple's NFT artwork was sold at Christie's for $69.34 million. Beeple previously stated that NFTs are in a bubble.
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