A CryptoPunk collectible NFT sold for about $6 million on Thursday, a $10 million discount when compared to when it was purchased about a year ago.
The NFT, labeled as CryptoPunk 3100, sold for 4,000 ETH after being purchased for 4,500 ETH last March. Due to the depreciation of Ethereum’s price, the dollar amount of Thursday’s sale was valued at about $6 million dollars versus last year’s sale, worth over $16 million at the time, according to CryptoSlam data.
Last April’s $16 million sale ranks as the third highest sale for a single NFT in dollar terms, also according to CryptoSlam data.
Although NFT sales volumes for popular, high-profile collections like CryptoPunks, Bored Ape Yacht Club, Azuki and Pudgy Penguins have been in steady decline since 2022, trading in recent weeks has been particularly dismal.
Last May, owner for the CryptoPunks intellectual property, Yuga Labs said it would “no longer touch” the collection after facing a backlash from launching a new spinoff Punk project. Yuga Labs acquired the famous NFT brand CryptoPunks in 2022.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
