EddieJayonCrypto

 10 Apr 25

tl;dr

A CryptoPunks owner sold their NFT for $6 million worth of Ethereum, resulting in a $10 million loss. CryptoPunk #3100, an Alien Punk with a headband, was sold for 4,000 ETH, originally purchased for 4,500 ETH in March 2024. The buyer and seller remain anonymous, and the purchase was made via a priv...

CryptoPunk #3100, an Alien Punk with a headband, was sold for 4,000 ETH (about $6,076,840) on the CryptoPunks marketplace, resulting in a $10 million loss for the anonymous seller. The sale, allegedly brokered by Fountain, was funded by 4,001 ETH from a wallet labeled "Coinbase Prime 2" and marks the largest on-chain CryptoPunk sale since April 25, 2024.

Despite being the premier profile picture NFT collection, CryptoPunks' financial performance has been disappointing, with the floor price dropping 44% in the last 90 days to $64,727. A CryptoPunks owner sold their NFT for $6 million worth of Ethereum, resulting in a $10 million loss.

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