Jinsha.com Bidding up to $423,000 on Dropcatch?

I haven’t done any research on what this name means but after going over to DropCatch.com this afternoon I couldn’t help but notice jinsha.com is over in auction and the bidding is up to $423,000! Don’t know whats going on over at Dropcatch.com but I can’t imagine this sale will go through.

Here is the link to the live auction while its still running. https://www.dropcatch.com/Domain/jinsha.com

Take a look at the screenshot..

******UPDATE*********

As of 3:20 CST the bidding is up to $425,160,

As of 3:45 bidding has reached $434,000! What do you think it will close at?