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    One of those whales is Daniel Maegaard, an Australian crypto trader who made much of what he claims is a $15 million-plus fortune when Bitcoin exploded in value in 2017. Maegaard has bought and sold millions of dollars worth of digital art and other NFT-based goods, like a $1.5 million parcel of land in Axie Infinity, a virtual universe. While Maegaard initially saw NFTs as a means of adding to his wealth, he’s become a true fan of the work, proudly displaying his collection online and excitedly sharing news of new purchases and sales with his followers. He’s particularly attached to a piece called CryptoPunk 8348, an image of a pixelated man who looks vaguely like Breaking Bad’s Walter White. Maegaard, who uses the work as his social media avatar, recently declined a $1 million offer for the piece. “People almost now tie that character to me,” he says. “It’s almost like I’d be selling a part of myself if I ever sold him.”

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