all the major projects getting crushed. people realizing it was all shyt or they just didn't perform as well as they thought. not to mention the leverage issues. lot of people taking out loans on these NFTs thinking it was gonna make them rich.
this guy got rekt as well. $2 million plus offer on his ape and was told to take it and then another guy said nah. that franklin guy recently either got liquidated or hacked or something but i know he lost a bunch of his apes. best offer on that ape now is a bit over 57k. long way from that 2 mill.
i don't see any of them being worth those million dollar offers, that should've been taken, again. especially sucks for anyone that paid high amounts for some. bieber got money to blow and got means to make more, but some random guy who grinded his way up and spent most his money or took out loans to get one, is gonna suffer worse.