Justin Bieber paid 500 ETH (about $1.3M) for Bored Ape #3001 on Jan 29, 2022. The wallet that sold it to him had bought it nine months earlier for 0.24 ETH (about $700). Today the cheapest Bored Ape sells for about 6.15 ETH (about $16,400), down roughly 99%. On Sunday, Blockstream CEO Adam Back replied “Correction: worth $0.” and agreed it’s “technically true” that you’d have to pay gas to get rid of it.
Reality check: at the current floor the ape is still worth about $16K, so “worth $0” is Back’s joke, not a price. The ape hasn’t moved from Bieber’s wallet since 2022. Figures as of Sep 29, 2026.
Receipts:
– Bieber’s buy, 500 ETH, Jan 29, 2022: https://etherscan.io/tx/0x8547c53bf1f95631fda395d6cdc15cf0c23a86e87b8cfd4b350889691894acd8
– Seller’s buy, 0.24 ETH, May 1, 2021: https://etherscan.io/tx/0x3994ef2934ca4352e4f1eef6a4af019474020ba9da0ad50bdedf9542a788d47d
– Bored Ape #3001 (owner, last sale, rarity #9,773): https://opensea.io/item/ethereum/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/3001
– BAYC floor, 6.15 ETH: https://nftpricefloor.com/bored-ape-yacht-club
– Adam Back, “Correction: worth $0.”: https://x.com/adam3us/status/2104183032831689132
– Adam Back, “i guess that’s technically true. you’d have to pay to get rid of it”: https://x.com/adam3us/status/2104226164273532957
– 500 ETH held instead is about $1.34M at ETH ~$2,675 (Coinbase).
Background footage is AI-generated.
Not financial advice.
#Shorts #BoredApe #BAYC #JustinBieber #NFT #Ethereum #Crypto
