Hoodie Punk Pulls in Massive Haul
A hoodie CryptoPunk, No. 2311, sold for more than $500,000 (303 ETH) on Thursday afternoon.
💰 Money Talks
The punk was purchased by BuyPunks.eth, a wallet that now owns seven CryptoPunks valued at more than $1.6 million. The sale of Punk 2311 marks the largest CryptoPunks sale in 2023, notching the seller $516,000 in the process.
📊 By The Numbers
Prior to the sale, CryptoPunk No. 2311 was valued at 295.5 ETH by DeepValueNFT's valuation model. The buyer paid a modest premium for one of the collection's most notable traits.
❗Why It Matters
The CryptoPunks market has been relatively stable of late, but could this sale be a catlyst to more? In the last week two notable bids have been made on Punks, including a bid of 900 ETH early this morning a 3D, Zombie Punk.