-
Bitcoin Price: $37,913
0.44%
-
All-Time High: $69,045.00
45.04%
- 24h High / 24h Low: $38,144 / $37,547
-
Market Cap: $742,034,405,408 0.55%
- 24h Volume: $15,258,376,900
CryptoPunk #4464 sold for $2.6 million
- July 14, 2022
- Ethereum
Source: Larva Labs
The NFT sector is suffering from the negative market sentiment. Shrinking volumes and dwindling interest have put a lot of pressure on NFT prices over the past few months. Despite the weak market environment, a CryptoPunk has now been sold again for $2.6 million.
CryptoPunk #4464 has a new owner
For exactly 2,500 Ethereum (equivalent to over $2.6 million), the bidder acquired the NFT and apparently remained unimpressed by the current difficult market conditions in the crypto and NFT sectors.
Punk 4464 bought for 2,500 ETH ($2,615,224.91 USD) by 0x561786 from 0x33eaae. https://t.co/xqtkT3BeER #cryptopunks #ethereum pic.twitter.com/iCAAG4LKHg
— CryptoPunks Bot (@cryptopunksbot) July 12, 2022
The CryptoPunk #4464 is one of the rarest Ape Punks. Only 24 out of total 10,000 pieces of the NFT collection belong to this rare group.
CryptoPunk sold for over $23 million in the last bull cycle
While you might think that $2.6 million is quite a lot for a NFT, during the past bull cycle a CryptoPunk was sold for as much as 8000 Ethereum, which was over $23 million at the time.
👽 pic.twitter.com/lQg6DzSttr
— Deepak.eth ⛓ (@dt_chain) February 12, 2022
The CryptoPunk #5822 changed hands on February 12, 2022, making it the most expensive sale of a CryptoPunk NFT in history so far.
Disclaimer
This article does not provide investment advice. Historical cryptocurrency data is not a guarantee of future market developments. The author may hold several of the cryptocurrencies mentioned in this article.
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