If he was buying these NFTs they were already for sale on the open market. Most of these NFT sales are not auctions but direct, "buy it now" listings.
A physical analog would be someone buying an obscure comic book series or packs of Yu-Gi-Oh cards before they got featured by a national expo or collectible marketplace. And then flipping them for a higher price after the hype train started.
A physical analog would be someone buying an obscure comic book series or packs of Yu-Gi-Oh cards before they got featured by a national expo or collectible marketplace. And then flipping them for a higher price after the hype train started.