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Duct-taped banana sells for US$6.2M at art auction

  • A banana duct-taped to a wall sold for $6.24 million at a Sotheby's auction in New York, far exceeding estimates of $1 million to $1.5 million.
  • The winning bid came from Justin Sun, a cryptocurrency entrepreneur who paid over 40 times the original price of the artwork.
  • Bidding quickly escalated from $800,000 to a final hammer price of $5.2 million, with additional auction fees totaling about $1 million.
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