NFT Collector Spends More than $720k Minting Tubby Cats NFTs

An anonymous non-fungible token (NFT) collector spent 204 Ether (ETH) worth around $488,800 on gas fees to mint 1,000 Tubby Cats NFTs.

According to the Etherscan transaction history, the Tubby Cats enthusiast spent more than $720,000 on minting the NFTs, including gas fees.

Following the minting of 1000 NFTs and Tubby Cats filling Nifty Twitter timelines, the community appears to have turned the incident into a meme, with many figures jokingly claiming to be Tubby Cat whales.

Tubby Cats NFT collection consists of 20,000 NFTs representing unique computer-generated cat avatars. Tubby Cats NFTs have generated nearly 12k Ether ($30 million) in trade volume in just three days since being listed on NFT marketplace OpenSea, according to data from the platform.

At this time of the press release, Tubby Cats NFT Collection is trading at a .5 ETH floor, around $1200.

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