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High-Rated NFTs Transferred to Gnosis Safe Address

Nansen reports the movement of over 300 high-value NFTs, including Pepe the Frog Genesis and Fidenza #718, to a Gnosis Safe address, highlighting significant shifts in digital asset management.
Published on 2022-10-05

Notable NFTs Moved to Gnosis Safe

Nansen, a leading NFT tracker, has reported that over 300 high-rated NFTs, previously held by Starry Night Capital, have been transferred to a Gnosis Safe address. This move includes notable pieces such as Pepe the Frog NFT Genesis, sold for 1,000 ETH (~$3.5M) in October 2021, and Fidenza #718, which fetched 240 ETH (~$1.1M) in November 2021.

Other Prominent NFTs Transferred

Additional notable NFTs include works by digital artist XCOPY: Some Other Asshole (550 ETH), DANKRUPT (469 ETH), and DECAY (345.69 ETH). AI-Generated Nude Portrait #7 Frame #184 by Robbie Barrat, sold for 300 ETH (~$1.1M), was also transferred. Other NFTs moving to the Gnosis Safe address include CrypToadz #5634, Meridian #684, and Pudgy Penguin #6869.

Background on Starry Night Capital and Gnosis Safe

Starry Night Capital is an NFT fund backed by Three Arrows Capital (3AC), focusing on high-value digital art investments. Gnosis Safe is a trusted platform for managing digital assets on Ethereum, known for its security and multi-signature wallet features, offering a robust solution for asset protection and decentralized finance (DeFi) transactions.

This significant transfer underscores the dynamic nature of the NFT market and the strategic management of digital assets by major funds. The use of Gnosis Safe highlights the importance of secure and efficient asset management in the evolving digital landscape.

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