Amazon.eth ENS Domain was Bid for 1 Million USDC by An Anonymous User

An anonymous user has placed a bid of 1,000,000 USDC on the ENS domain name ‘amazon.eth’. The offer is set to expire on Tuesday at 15:00 EST. The bid is significantly higher than the last sale price of the domain, which was five months ago for 33 Ether (worth around $100,000 at that time). The current owner of the domain, Amazon Technologies, Inc., has until Tuesday at 15:00 EST to accept the offer.

• According to the listing page, previous offers to purchase the name were for only a few thousand dollars each. For example, the two next most recent offers were for 4 WETH ($6000) and 6200 USDC each.
• The name’s current owner – 4761BF – initially bought the domain for 33 ETH in February of 2022. He owns 57 other OpenSea items primarily from the Dice collection – randomized and weighted dice rolls stored on-chain.
• He also possesses one other ENS name in ‘fortnite.eth’ – named after the popular battle royale shooter from Epic Games.
• Meanwhile, the individual making the offer owns about 20 ENS names. Multiple are related to Amazon, including one called ‘jefferyjefferybezos.eth’.
• The amazon.eth name was created on August 2nd of 2017 and expires on October 16th of 2036. It was first registered on February 7th of 2020.
• Ethereum Name Service (ENS) provides human-readable names to different aspects of the web 3 world. These commonly include blockchain addresses, but can also pertain to  IPFS hashes, or website URLs.
• Like NFTs, ENS names can be bought and sold on secondary markets, and are often used by crypto users as part of their social media profiles.
• The largest purchase for an ENS name thus far was for ‘paradigm.eth’, purchased for 420 ETH last year – about $1.5 million at the time.
• Earlier this month, the second largest purchase in history took place, with one buyer spending 300 ETH on ‘000.eth’.