By The Numbers: Here Is How Rich Beeple Would Be In ETH

Ethereum ETH

After completing the first sale of his Non-Fungible Token (NFT) for $69.4 million or 38,000 ETH, digital artist Mike “Beeple” Wiklemann became one of the highest-paid for a work of art in the last decades. His NFT titled “Everydays: The First 5,000 days” was purchased by crypto investor Vignesh Sundaresan, known as MetaKovan. Although the figure is astronomical, many believe Beeple missed out on an opportunity when he converted the amount from ETH to fiat money almost immediately after receiving it. Data from monitor Beeple69M indicates that had he kept his payment in Ethereum, Beeple would have made a profit of nearly $20 million when the price approached $2,200. This would translate to a total of $88,918,100 or $60 million after taxes. “Holy Shit that’s a lot of taxes!” — @beeple says when we asked him about the IRS take of his $69 million NFT sale @ChristiesInc .https://t.co/vdd6fmNOEd — Robert…

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