Dogecoins DOGE/USD founder Bill Markuspopularly known as Shibetoshi NakamotoHe recently sold his ether ETH/USD Holdings at $1,190 to cover potential 2022 taxes.

What happened: Markus jokingly said: “Well everyone, you are welcome to this rally” – since he could not participate because he had sold all his ETH holdings.

At the time of writing, ETH was up 5% in the last 24 hours and was trading at $1401.

A crypto tweeter asked how he owes taxes even as crypto markets turned red in 2022. To which Markus replied, “I’ve sold NFTs, you always owe taxes when you trade crypto, but I owed more than my crypto was worth. I actually made negative money.”

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Another Twitter user “Elon Artist” asked at what price did Markus buy ETH that he sold away?

Markus replied, “I didn’t buy any, I sold NFTs, California and the IRS takes 53% of the sale price at the exact time of the sale.”

price action: ETH was traded at $1,398, up 5.11%. DOGE at $0.07, up 2.72% over the past 24 hours, according to Benzinga Pro.

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