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Probably one of the best deals of all time

Posting this in the Developers section because you need to write code to be able to execute something like this.

https://etherscan.io/tx/0xeb8c3bebed11e2e4fcd30cbfc2fb3c55c4ca166003c7f7d319e78eaab9747098

Notice this transaction. These days ApeCoin launch took place and holders of BAYC & MAYC were able to claim huge rewards in airdrops.

But one guy beat everybody.

So what he did was next:

  1. He bought all the NFTs sitting in https://nftx.io/vault/0xea47b64e1bfccb773a0420247c0aa0a3c1d2e5c5/redeem/
  2. Now that he owns the NFTs he was eligible for the claim and so he did ( 800K profit )
  3. He then sold the BAYCs back to the liquidity pool
  4. Sold ApeCoin

Now the cost of all this transaction is: 643$.
Total profit: ~799357

Why do you need to know how to write code for this? Well, the code for this was sitting on GitHub for the past 11 months

https://github.com/Anish-Agnihotri/punk-nftx-meebit-arb

P.S If you're investing in the NFT space or starting, I suggest checking https://floordle.app/ . This app helps you monitor all the collections, set alerts on them and sync your wallet. (Disclosure: I'm a co-founder)

on March 18, 2022