Fidenza #545 Sells for 625 ETH

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Fidenza #545 sold today for 625 ETH, the 5th highest sale of all time in ETH terms.

The Deets

Fidenza #545 was purchased by 95B9F6 for 625 ETH ($1.17M USD) in a reserved sale on OpenSea.
The seller was jz3 / jzchew.eth (@jzjmt3), who also has CryptoPunk #9476 (VR hoodie) and CryptoPunk #5350 (top hat) in that wallet.
jz3 originally bought the Fidenza for 275 ETH back on December 24, 2021, and the sale price today in USD terms is close to flat compared to that prior sale (when ETH was roughly $4.1k).
Per Nikolai Yakovenko, founder and CEO of DeepNFTValue (@deepnftvaluebot), the purchaser of Fidenza #545 today is the same buyer who bought CryptoPunk #6649 (the 3AC Zombie Punk) OTC from the @Sothebysverse Grails wallet two weeks ago.

🎤 Community Quotes

Stacked collection. Bought the Eternal Pump also from 3AC collection. Two autoglyphs. Another premium Fidenza (red on black)...

cc @punk9059 https://t.co/PhISKQoQfX pic.twitter.com/iBbOw2QVXx
— Nikolai Yakovenko (@ivan_bezdomny) June 6, 2023

❗ Why It Matters

Tyler Hobbs' Fidenza collection, which Hobbs named "Fidenza" after discovering a tiny Italian town of the same name on Google Maps, continues to capture the attention of collectors around the world (even in this current perilous climate for crypto and NFTs).

The sale of Fidenza #545 follows the spike in interest in Art Blocks and generative art at the top end of the market that was set in motion by the 3AC Grails Part I auctions at Sotheby's Contemporary Day Sale in May. Fidenza #725 was at the center of the auctions, selling for a touch over $1 million. And then, about two weeks ago, Fidenza #971 sold for 370 ETH ($685k).

🕳️ Go Deeper

Author Bio

Julian Son

NFT analyst

Started out sweating Top Shot queues in Feb 2021. Hoarded Koalas after seeing Gary V bought the #1 rarity Koala, then got rugged hard. Now living next to an underpass in Venice Beach. Loves most sports, except cricket. Hates snakes, SBF, and the IRS.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.