Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum

The Cryptopunks non-fungible token (NFT) postulation has seen a caller grounds arsenic the NFT Cryptopunk #5822 sold connected Saturday for 8,000 ether oregon much than $23 million. The caller proprietor of the NFT, Deepak Thapliyal, the CEO of a blockchain steadfast called Chain explained that helium utilized leverage via Compound Finance successful bid to get the NFT.

Cryptopunk #5822 Sells for 8,000 Ethereum

A caller Cryptopunks grounds has been achieved connected Saturday, February 12, 2022, erstwhile Deepak Thapliyal purchased Cryptopunk #5822 for 8,000 ETH worthy $23.3 cardinal utilizing today’s ether speech rates.

Cryptopunks is simply a fashionable NFT compilation created successful June 2017 by Larva Labs Studios. There are 10,000 antithetic Cryptopunk NFTs (3,840 pistillate and 6,039 antheral versions) each with antithetic attributes. Since June 2017, Cryptopunks has seen $2.57 cardinal successful all-time income measurement among 5,927 traders.

Cryptopunk #5822 sells for 8,000 ethereum (ETH) oregon much than $23 million.

The existent level price, which is presently the slightest costly Cryptopunks NFT you tin acquisition today, is astir $209K oregon 71.52 ether. Dappradar.com metrics bespeak that the estimated worth for Cryptopunk #5822 is astir $9.93 cardinal oregon 3,397.89 ethereum.

The CEO of Chain.com, Deepak Thapliyal revealed helium purchased Cryptopunk #5822. Thapliyal noted that helium utilized Compound Finance to marque the acquisition and helium tin inactive clasp his ETH. “Thanks to [Compound Finance], I americium capable to inactive HODL ETH portion buying this. Basically Long’d ETH to punk-in. [Decentralized finance] FTW,” Thapliyal tweeted.

Metrics from cryptoslam.io’s seven-day statistics, the NFT postulation Cryptopunks has seen $50.7 cardinal successful sales, up 69.35% this week. Thapliyal’s acquisition of Cryptopunk #5822 accrued the collection’s play income and 24-hour income jumped by 1,660.41%.

The 2 astir costly Cryptopunks NFTs beneath Cryptopunk #5822’s worth see Cryptopunk #7523 purchased astatine a Sotheby’s auction for $11.8 cardinal and Cryptopunk #3100 which sold 11 months agone for 4,200 ether. Four days ago, Cryptopunk #5577 sold for 2,501 ether oregon $7.7 million.

Dappradar.com statistics bespeak Thapliyal is an avid collector of NFTs with 1,873 NFTs from 59 antithetic collections with an estimated worth of astir $64.63 cardinal today.

What bash you deliberation astir Cryptopunk #5822 selling for 8,000 ether oregon $23 million? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Cryptopunk #5822, Twitter, Dappradar.com,

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