Are NFTs Back? This CryptoPunk Just Sold for $56.3M

A CryptoPunk NFT just got sold for 24,000 ETH (worth $56.3 million). This sale currently holds the leading position for the CryptoPunk collectible, with the highest sales, surpassing previous records since the collection’s launch in 2017.

Punk 1563 bought for 24,000 ETH ($56,292,000.00 USD) by 0x9cbb3d from 0xba1349. https://t.co/FqDvGZvg05 #cryptopunks #ethereum pic.twitter.com/hWimHKYb0x

— CryptoPunks Bot (@cryptopunksbot) October 3, 2024

Regarded as one of the earliest NFT projects, CryptoPunks was launched in June 2017 by the Larva Studio. The NFT collection comprises 10,000 CryptoPunks with varying traits and rarity tiers. The project’s founders offered the 10K-piece collection to collectors via a free mint on the Ethereum network.

Highest CryptoPunk Sale Yet

CryptoPunk 1563 was the NFT sold in the latest sale. It is one of 3,840 female Punk collectibles. The artwork has three attributes: dark hair, earrings, and clown blue eyes.

The CryptoPunk seller, 0x6ae4f3, acquired the collectible for $68,998 worth of ETH on September 12. On the same day, they placed a sale offer of $25.91 million for the artwork. Fast-forward to the present, and the buyer, 0x9cbb3d, spent a whopping $56.29 million on the same Punk collectible.

A record showing the list of the most expensive CryptoPunk sales reveals that Punk 1563 is currently the costliest among the 10,000 digital collectibles.

 

This is a developing story …

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