Hoodie Punk Pulls in Massive Haul

In this post

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.

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Author Bio

Lennster

Certified NFT Bag Holder. Entered into the NFT space in 2021 and hasn't left since. Learning to code and on a mission to get abs in 2023.

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.