Rare NFT CryptoPunk Sells For $2.7M

July 14, 2022 - Around 2 mins mins to read

NFT CryptoPunk #4464 with the rare ape-trait sold for 2,500 ETH on July 12

Another NFT CryptoPunk Sold for a Record Price of 2,500 ETH

This is the latest record-breaking deal in CryptoPunk’s recent resurgence in the past three months and has made it the fifth-largest NFT trading event in the collection’s history. According to data from analytics platform Rarity.Tools, this NFT, number 4464, features the 32nd rarest monkey in a collection of 10,000 versions.

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

Based on NFT CryptoPunk #4464’s estimated market value, the eye-popping sale was a fair deal for both the buyer and seller. NFT price estimator DeepNFTValue had the collectible valued at 2595 ETH (roughly $2.7 million) at the time of sale, just a 4% difference from its final price.

The buyer was pseudonymous NFT whale “zoomc,” whose collection now includes 24 CryptoPunks and 113 Meebits.

On the other hand, CryptoPunk #4464 is not the only name in the collection on the evening of July 12. CryptoPunk #9280, another special edition, received a bid of $2.6 million in two hours after CryptoPunk #4464’s bid was accepted. However, the deal for CryptoPunk #9280 has not been accepted to date.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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