Someone spent $150,000 on a Labubu. Yes, really.

Picasso? Don't know him. Rolex? Don't care. The hottest item on the collectibles market right now is a mischievous, sharp-toothed, gremlin-like little girl named Labubu. And yes, someone just paid $150,000 for one.That’s not a typo. As reported by CNN, at a recent auction in Beijing, a mint green, first-generation Labubu figure measuring a whopping 131 centimeters tall (that’s over four feet!) sold for 1.08 million yuan, or about $150,325. Let’s pause for effect: $150K. For a t