What Bear Market? This Rare CryptoPunk Just Sold for $2.6 MILLION
Crypto News

What Bear Market? This Rare CryptoPunk Just Sold for $2.6 MILLION

1m"
4 months ago

Out of the 10,000 NFTs in this collection, CryptoPunk #4464 among just 24 that are apes. Accessories include an eye mask and a vape.

What Bear Market? This Rare CryptoPunk Just Sold for $2.6 MILLION

Listen to the CoinMarketRecap podcast on Apple Podcasts, Spotify and Google Podcasts

Think the days of NFTs selling for millions of dollars are long gone? Think again.

A rare CryptoPunk has gone under the hammer — selling for a whopping $2.6 million… that's about 2,500 ETH.

The transaction was completed on Tuesday, and in ETH terms, is tied in fifth place for the most-expensive sale since the collection launched.

CryptoPunk #4464 is a particularly rare one — the 32nd rarest available, in fact.

Out of the 10,000 NFTs in this collection, it's among just 24 that are apes. Accessories include an eye mask and a vape.

It's been snapped up by a mystery buyer called zoomc who owns 24 CryptoPunks.

Data from CryptoSlam reveals it's the biggest NFT transaction that's been seen over the past 30 days.

All of this helps support the theory that older, more established collections are better prepared to weather the crypto winter than smaller upstarts.

2 people liked this article