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Why did Russian journalist Dmitry Muratov auction off his Nobel Peace Prize medal?

Dmitry Muratov, co-winner of the 2021 Nobel Peace Prize and editor of Novaya Gazeta, one of Russia’s last major independent newspapers, auctioned off his Nobel medal for a record $103.5 million to raise money for UNICEF’s humanitarian response for Ukraine’s displaced children. The auction of Muratov’s medal broke the record for any Nobel medal auctioned off. Previously, the most ever paid for a Nobel Prize medal was in 2014, when James Watson, whose co-discovery of the structure of DNA earned him a Nobel Prize in 1962, sold his award for $4.76 million.