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This is some really sloppy money laundering.

there's no net money transfer to these operations, and no one possibly believes that this was a real transaction.

it's much more likely that this was a practical joke, or an attempt to turn punk #9998 into a meme

Or just market manipulation.

That’s more than a fair point… I think at a basic level most can sense this trading is without merits. NFTs simply do not have value.

In any other TradFi (as the DeFi guys want to call it), it would be simply labelled market manipulation and there would be real life consequences