CryptoPunks Recent NFT sale Breaks Record, Sold for 4,850 ETH or $16.4M
CryptoPunks non-fungible token (NFT) on the Ethereum blockchain saw a record-breaking sale of one of its nine Alien Punks.
On Wednesday, an anonymous collector purchased CryptoPunks #7804 for 4,850 ETH, or $16.38 million.
This marks the second-largest CryptoPunks sale, both in terms of ETH and USD value, according to CryptoSlam data. The first most expensive CryptoPunks #5822 NFT sale took place in February 2022, valued at 8,000 ETH worth $23.7 million.
Additionally, the recent sale surpassed Punk NFT #3100, which was sold early this month set at a value of 4,500 ETH or $16 million.
Punk 7804 bought for 4,850 ETH ($16,421,614.53 USD) by 0x9bc2d5 from 0xf4b4a5. https://t.co/PhIbbqdu5B #cryptopunks #ethereum pic.twitter.com/n7QsO74UtY
— CryptoPunks Bot (@cryptopunksbot) March 20, 2024
The seller of CryptoPunks #7804 wrote on X (Twitter) that he bought the NFT in 2021 for 4,200 ETH, equivalent to $7.57 million at that time. The person has been searching for a potential buyer for over an year.
Under the pseudonym Peruggia, the seller wrote on X that the sale marks “End of an era”.
“I’ve long since felt like an imposter. Holding punks, and potentially NFTs a whole hostage by not elevating 7804 in the way he deserves.”
End of an era. I've long since felt like an imposter. Holding punks, and potentially NFTs a whole hostage by not elevating 7804 in the way he deserves.
After over a year of looking around I feel I've found the right buyer with the right vision to appropriately elevate this asset https://t.co/onngtTumrJ
— Peruggia (@peruggia_v) March 20, 2024
Cryptopunks was launched in June 2017 by the Larva Labs studio. The most expensive NFT sale is affiliated to Beeple’s digital artwork collage titled “Everydays: The First 5000 Days,”
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