Chain CEO Deepak Thapliyal Selling NFT Collection In FTX Wake

Chain CEO Deepak Thapliyal Selling NFT Collection In FTX Wake

Chain CEO Deepak Thapliyal announced that he is selling his NFT collection on Thursday, including 10 CryptoPunks and seven Bored Apes. 

The statement comes in the wake of uncertainty surrounding cryptocurrency exchange FTX, of which blockchain-based company Chain has an '8-figure exposure', according to Thapliyal.

The esteemed collection includes Alien CryptoPunk #5822, which last sold for 8000 ETH ($10.3M USD) in February. The wallet also holds a Gold Fur Bored Ape, one of the most-coveted traits in the project's ecosystem. 

Thapliyal indicated that the NFTs will either be sold via auction or fractionally via a DAO. 

 

More about CryptoPunks

One of the most iconic NFT collections of all-time, CryptoPunks was developed by Larva Labs and released in 2017 as a free-to-claim experiment. CryptoPunks, along with the Bored Ape Yacht Club led the NFT bull run of 2020 and helped bring digital collectibles to the mainstream through high profile auctions and celebrity onboarding. In 2022, Larva Labs sold the intellectual property of CryptoPunks to Yuga Labs, who created the Bored Ape Yacht Club.

At the time of publish, the CryptoPunks floor price sits at 62 ETH, and has stayed relatively flat over the past 24 hours on 631 ETH volume of transactions. Over that same timeframe, 1 sharp wallets have sold 2 NFTs and 1 sharp wallets have bought 3 NFTs in the CryptoPunks collection. Catch up on other recent CryptoPunks news here.

Recent CryptoPunks Sales

#3229sold at 12/03 7:12pm for
89.0
#7386sold at 12/03 4:12pm for
108
#3483sold at 12/03 3:12am for
77.7
#6802sold at 12/03 3:12am for
73.0
#7647sold at 12/03 12:12am for
65.5

Recent CryptoPunks Listings

#9080listed at 12/03 8:12pm for
78.9
#4360listed at 12/03 7:12pm for
73.8
#3229listed at 12/03 6:12pm for
89.0
#9691listed at 12/03 5:12pm for
65.9
#1829listed at 12/03 4:12pm for
95.0
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.
Lucky Trader News on Twitter
Get alerts the moment news breaks with the Lucky Trader app.