It’s free money!

“I have $2 mil in ETH.

I create a NFT.

I use my $2 mil to buy my own NFT.

I still have $2 mil in ETH, and I also have an NFT piece worth $2 mil according to its price history.

I sell my NFT to somebody for only $200k, at a 90% discount.

I now have $2.2 mil in ETH.”