NFT Trader suffers a loss of $ 10 million after the sale of rare alien cryptopunk

An nft anonymous collector has suffered a loss of $ 10 million after selling one of the rarest cryptopunks on Thursday.

The data in the chain show that Punk #3100 changed hands for 4,000 eth, which translates into approximately $ 6.07 million through a private transaction in the official Cryptopunks market.

The nft is one of the nine alien punk in the original Cryptopunks collection of 10,000 pieces created by Larva Labs in 2017. Recognized for its distinctive blue skin and handkerchief, the alien punk is part of the most wanted group in the nft space.

The loss of $ 10 million

Block chain <a target="_blank" href="https://x.com/arkham/status/1910450030801994050″ target=”_blank” rel=”noopener” data-wpel-link=”external”>data Arkham Intelligence shows that this particular nft was previously sold in March last year by 4,500 eth, then valued at more than $ 16 million. The sale is classified as the third most expensive nft transaction by dollars. Only a few days after that transaction, Punk #7804 exchanged for 4,850 eth worth approximately $ 16.42 million at that time, marking the second largest agreement in the history of the collection.

However, due to the fall in ethereum prices during the past year, the sale of 4,000 eth on Thursday amounted to just over $ 6 million, which resulted in the seller has achieved a loss of $ 10 million of the transaction.

While the parties in the exchange remain unidentified, Etherscan Records show that the purchase wallet received 4,001 eth from an account labeled as “Coinbase Prime 2” shortly before the sale.

Alien cryptopunks continue to dominate the upper end of the nft market. They are the rarest guy in the collection, even more than the 88 zombies punks or the 24 Punks Ape. The seven main sales of Cryptopunk of greater chain value involve these variants.

Cryptopunks beaten by market recession

Despite their state, cryptopunks have not been immune to the broader recession in the nft market. nft price data shows That its initial price has dropped almost 43% in the last three months, currently at $ 71,031. This figure marks a remarkable decrease in the collection peak in November 2021, when the figure exceeded $ 400,000.

Originally offered for free in 2017, digital assets have become cultural symbols of the early nft era. In 2022, intellectual property rights were acquired by Yuga Labs, creator of the boring APE Yacht Club.

Earlier this year, speculation revolved on a possible sale of the product IP. However, the co -founder of Yuga Labs, Greg Solano, dismissed the rumors, stating that, although many parts had approached the company, there were no plans to divest in the short term.

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