CryptoPunk #2386, valued at 600 ETH (about $1.42 million), was purchased for just 10 ETH by a user utilizing a "shotgun" buyout method. Anonymous developer 0xQuit revealed that this buyout was triggered through a smart contract tied to Niftex, a now-closed platform that had fractionalized the NFT into 10,000 ERC-20 tokens back in 2020. The contract's buyout function remained active on-chain, allowing the user to make an offer without objections. After 14 days, they successfully acquired full ownership of the NFT on August 28, paying a mere fraction of its current market value.