Infinite

Iconic

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<p>Even though a significant portion of the non-fungible token market has experienced a severe downturn, with reports reportedly suggesting that over 70% of collections are now considered “dead” or worthless, specific segments of the NFT market remain profitable. Earlier today, an investor who bought his CryptoPunk for 42 ETH in August 2021 finally sold it for 120 ETH, making nearly $300,000 in solid profit.</p><blockquote class="twitter-tweet"><p>In other news, there was a 120 ETH ($382k USD) Hoodie CryptoPunk sale three hours ago.</p><p>The seller bought it 5 years ago, August 2021, for 42 ETH ($83k USD).</p><p>Nice flip <a href="https://t.co/ODUzapWF3g" rel="noopener noreferrer nofollow">pic.twitter.com/ODUzapWF3g</a></p><p>— wale.moca 🐳 (@waleswoosh) <a href="https://twitter.com/waleswoosh/status/2013500723766370604?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 20, 2026</a></p></blockquote><h2 id="iconic-hoodie-punk-nft-sells-for-382k">Iconic Hoodie Punk NFT Sells For $382K</h2><p>Data compiled by <a href="https://www.cryptoslam.io/cryptopunks/mint/9901" rel="noopener noreferrer nofollow">CryptoSlam.io</a>, an on-chain crypto market aggregator and non-fungible token explorer tracking NFT collections from more than 20 blockchain networks, confirmed that iconic Hoodie Punk #9901 has found a new holder. This NFT collection, previously bought for 42 ETH, equivalent to 87,299 five years ago, was sold for 120 ETH, equivalent to $382,026. This humble and patient investor has pocketed nearly $300,00 in profit.</p><p><img class="alignnone wp-image-694718" src="https://insidebitcoins.com/wp-content/uploads/2026/01/punks-nft-collection-300x110.png" alt="punks nft collection" width="843" height="309"></p><p>In response to the recent mega sale, the CryptoPunks NFT collection has surged by 60% to +$1.3 million in the past 24 hours. During this period, the global NFT market has surged by 108% to $14 million, while Ethereum NFT trading volume has increased by 274% to $9.9 million. Other NFT collections that have skyrocketed today include the Pudgy Penguins, which have risen by +50% and the Moonbirds, which have surged by 82%.</p><p>Launched in 2017, CryptoPunks is a globally acknowledged non-fungible token series previously from the digital asset firm ‘Larva Labs’ but now managed by the non-profit organization, Infinite Node Foundation. The iconic NFT collection, Punks, has a fixed supply of 10,000 pixilated NFTs hosted on the Ethereum blockchain. The CryptoPunks is one of the leading NFT series in the global NFT market.</p><h2 id="what-s-the-future-of-punks-nfts">What’s The Future Of Punks NFTs</h2><p>The iconic Punk NFT collection came into the limelight in 2021 during the historic NFT bull run. At the time, rare punks sold for millions of dollars. Nonetheless, the future of Punks NFTs is shifting from speculative arts towards long-term preservation as “blue-chip” digital art. As pioneers in the NFT space, Punks are cemented as historical artifacts, with their value increasingly tied to their cultural significance and status as proof of digital ownership.</p><h3 id="related-nft-news">Related NFT News:</h3><ul><li><a href="https://insidebitcoins.com/news/an-nft-investor-allegedly-lost-cryptopunks-nfts-worth-1m-in-a-hack" rel="noopener noreferrer nofollow">An NFT Investor Allegedly Lost CryptoPunks NFTs Worth +$1M In A Hack</a></li><li><a href="https://insidebitcoins.com/news/pudgy-penguins-known-for-nft-toys-now-dives-deeper-into-soccer" rel="noopener noreferrer nofollow">Pudgy Penguins, Known For NFT Toys, Now Dives Deeper Into Soccer</a></li><li><a href="https://insidebitcoins.com/news/nfts-weekly-sales-surge-by-2-to-61m-insidebitcoins" rel="noopener noreferrer nofollow">NFTs Weekly Sales Surge By 2% To $61M – InsideBitcoins</a></li></ul>

A Hoodie CryptoPunks NFT, Bought For $82K In 2021, Sells For $382K

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