TO x.com/cryptopunksnfts” target=”_blank” rel=”noopener”>Cryptopunk nfts It was reportedly sold for 24,000 eth, equivalent to $56.3 million, making it the most expensive sale in the history of the collection.
The transaction, involving CryptoPunk 1563, has sparked immediate interest throughout the digital collectibles community due to its record-breaking price.
However, concerns have been raised about the nature of the sale, with some experts suggesting it may not have been a legitimate transaction.
The sale of CryptoPunk #1563
CryptoPunk 1563 is part of the original 10,000-piece nft collection created by Larva Labs in 2017. The collection was distributed for free at the time of its release and has since become one of the chain's most iconic digital collectible sets. of ethereum blocks.
On October 3, 2024, a transaction was recorded in which CryptoPunk 1563 was sold for 24,000 eth, or approximately $56.3 million. The buyer purchased the nft from the seller, setting a new record for the highest sale price for any CryptoPunk.
Despite the importance of the transaction, CryptoPunk 1563 is considered a “floor punk” in the collection. This means that it lacks any rare or distinctive traits compared to other CryptoPunks, which typically command higher prices based on their rarity.
Community concerns
Shortly after the sale was reported, blockchain analysts began raising questions about its legitimacy.
On-chain data suggests that the sale may have involved the use of a payday loan, a type of unsecured loan that is repaid in the same transaction. In this case, it appears that the buyer borrowed the 24,000 $eth needed for the purchase and immediately returned it, meaning there was no exchange of actual funds between the buyer and seller beyond network fees.
Flash loans have been used in the past to create artificial transactions in the nft market. A similar event occurred in 2021, when a CryptoPunk was “sold” for $532 million using the same method. That sale was subsequently ignored by both Larva Labs and major nft platforms due to its non-legitimate nature.
Some have also suggested that this latest sale may be part of a broader promotional strategy. According to blockchain researcher x.com/0xQuit/status/1841945533453369807″ target=”_blank” rel=”noopener”>0xExit The transaction could be linked to the upcoming pre-sale of a meme coin and that CryptoPunk could have been used to generate attention for the token sale.
The exact details of this promotion are still unclear, but the high-profile sale has certainly attracted significant attention.
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