A rare CryptoPunk has sold at a record $10.2 million


Someone purchased a rare CryptoPunk for 2,500 ETH — worth more than $10.2 million as of publication — on the Larva Lab’s native CryptoPunk marketplace. 

The Punk sold was #4156. It’s a rare Ape Punk in which there are only 24 in a collection of 10,000 items. 

CryptoPunk #4156, purchased for 2,500 ETH (over $10.2 million).

To be sure, this is not the most expensive CryptoPunk ever sold. The most expensive Punk sold for over $11.8 million in June of this year at a Sotheby’s auction. However, it is the most expensive CryptoPunk to be sold on its native CryptoPunk marketplace created by the Larva Labs, which was around before some of the more popular non-fungible token (NFT) marketplaces like OpenSea.

Another remarkable feature of this sale is that it happened at all, as many owners of rare CryptoPunks are obstinate in selling their beloved NFT. In October of this year, someone bid 2,500 ETH on the rare CryptoPunk #6046 — which, had the Punk owner accepted it, would have been the most expensive sale at the time at $9.5 million. But the owner declined, citing that the rare punk was too tied to his own personal identity and brand and thus decided to decline the millions.

Trending Stories

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

5 Steps to a Successful Crypto AML Program

As cryptocurrencies become increasingly mainstream, regulators, the media and policymakers are paying more attention to the financial crime risks associated with them. But what are the biggest compliance challenges crypto firms face, and what does a best practice AML program look like? 
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC

The TRON Ecosystem Thrives Amidst Market Chaos

TRON DAO has announced the launch of a $10 million incentive fund in light of recent events to support Terra developers migrating to the TRON ecosystem, including TRON’s EVM compatible cross-chain solution BitTorrent Chain (BTTC), which helps facilitate the seamless transfer of assets across mainstream public chains, including TRON, Ethereum, and BNB Chain. 
Read Full Story
Sponsored Post