A Punks NFT Hoodie, Bought for $82,000 in 2021, Sells for $382,000

Even though a significant portion of the non-fungible token market has seen a severe downturn, with reports suggesting that more than 70% of collections are now considered “dead” or worthless, specific segments of the NFT market remain profitable. Earlier today, an investor who purchased his CryptoPunk for 42 ETH in August 2021 ultimately sold it for 120 ETH, making almost $300,000 in solid profit.

Separately, there was a CryptoPunk hoodie sale of 120 ETH ($382,000 USD) three hours ago.

The seller purchased it 5 years ago, in August 2021, for 42 ETH ($83,000 USD).

Nice flip pic.twitter.com/ODUzapWF3g

– wale.moca 🐳 (@waleswoosh) January 20, 2026

Iconic Punk NFT Hoodie Sells for $382,000

Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and non-fungible token explorer that tracks NFT collections from over 20 blockchain networks, has confirmed that the iconic #9901 Punk Hoodie has found a new holder. This NFT collection, previously purchased for 42 ETH, the equivalent of 87,299 five years ago, was sold for 120 ETH, the equivalent of $382,026. This humble and patient investor pocketed nearly $300,000 in profit.

In response to the recent mega sale, the CryptoPunks NFT collection jumped 60% to +$1.3 million in the last 24 hours. During this period, the global NFT market surged 108% to $14 million, while Ethereum NFT trading volume increased 274% to $9.9 million. Other NFT collections that skyrocketed today included Pudgy Penguins, which rose +50%, and Moonbirds, which jumped 82%.

Launched in 2017, CryptoPunks is a globally recognized series of non-fungible tokens, previously from digital asset company “Larva Labs” but now managed by the non-profit Infinite Node Foundation. The iconic NFT collection, Punks, has a fixed supply of 10,000 pixelated NFTs hosted on the Ethereum blockchain. CryptoPunks are one of the leading NFT series in the global NFT market.

What is the future of NFT Punks

The iconic Punk NFT collection was thrust into the spotlight in 2021 during the historic NFT bull run. Back then, rare punks sold for millions of dollars. Nonetheless, the future of NFT Punks is shifting from speculative arts to long-term preservation as “premier” digital art. As pioneers in the NFT space, Punks are considered historical artifacts, whose value is increasingly tied to their cultural significance and status as proof of digital ownership.

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