Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (3,471)
  • Analysis (3,585)
  • Bitcoin (4,207)
  • Blockchain (2,157)
  • DeFi (2,623)
  • Ethereum (2,741)
  • Event (119)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,714)
  • Press Releases (12)
  • Reddit (2,847)
  • Regulation (2,474)
  • Security (3,925)
  • Thought Leadership (3)
  • Videos (44)
Hand picked
  • Ethereum ETFs attract $82M in inflows as BTC funds bleed
  • CFTC Chairman Selig supports prediction markets with new case-by-case framework
  • XRP News: Is the price removed? Researcher Reveals Why Ripple Token Isn’t Skyrocketing
  • Taurus Integrates P2P.org Staking Services for Banks and Financial Institutions
  • Tom Lee’s Bitmine Buys Another $213 Million in Ethereum, Nearly 5% of ETH Supply
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»The investor sells Cryptopunk NFT for $ 6 million by absorbing a loss of $ 10 million
Analysis

The investor sells Cryptopunk NFT for $ 6 million by absorbing a loss of $ 10 million

April 11, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Crypto news nft option05.webp.webp
Share
Facebook Twitter LinkedIn Pinterest Email



A rare Cryptopunk NFT has just been sold for $ 6 million with a narcotic loss of $ 10 million in the middle of the continuous NFT prices slide.

Cryptopunk # 3100, one of the nine extraterrestrial punks in the original collection of 10,000 pieces, was sold for 4,000 Ethereum (ETH), worth around 6.07 million dollars at the time of the sale, according to a transaction of April 10 indicated by Arkham on X. The artistic brokerage company would have negotiated the sale.

NFT Trader down $ 10 million in cryptopunk

This NFT trader bought an extraterrestrial cryptopunk 1 year ago for 4.5K ETH ($ 16 million). He has just sold it for 4K ETH ($ 6 million).

He just locked a loss of $ 10 million.

Address: 0x705876661c804c72bba25ecddd8d17b332c984017 pic.twitter.com/765phvuzob

– Arkham (@arkham) April 10, 2025

When the NFT was bought for the first time by the anonymous seller in March 2024, it was the third cryptopunk transaction at the time, costing 4,500 ETH, or about $ 16 million. But with the price of Ethereum down approximately 56% in the past year, the seller’s loss of 500 ETH has turned into a net of $ 10 million in dollars.

Cryptopunk # 3100 is now listed three times in the sales ranking of all time for cryptopunks, having previously sold $ 7.58 million and $ 16.03 million. Despite the cryptopunks remaining the high -level NFT collection, its financial performance took a hit.

The collection price of the collection dropped by 67% compared to its 125 ETH summit in 2021, with an average of 42.5 ETH, in accordance with Coigecko data. At that time, ETH was negotiated at around $ 3,500, placing the soil price of more than $ 400,000, against only $ 65,900 at the time of the press.

While the popularity and prices of NFTS assets continue to drop, industry has undergone significant pressure. In the first quarter of 2025, the NFT negotiation volume fell to 1.5 billion dollars, a drop of 24% compared to T2 2024, according to Dappradar’s first quarter report.

Despite a slight decrease in commercial activity, the reduced drop in volume indicates less high -value transactions rather than a drop in users. Cryptopunks still order a significant share of the market, representing 23% of the world market capitalization of $ 2.7 billion in the NFT.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleA complete guide on golden tokenization
Next Article Fartcoin forms a model of “m” lower: 60% of incoming crash?

Related Posts

Analysis

Taurus Integrates P2P.org Staking Services for Banks and Financial Institutions

June 10, 2026
Analysis

Crypto News Today (June 10): BTC Crashes to $61,000, Trump Family Makes $2.3 Billion From Crypto, and Japan Introduces ‘Cryptocurrency Vouchers’

June 10, 2026
Analysis

Humanity Crypto Mined for $32 Million in Latest DeFi Hack

June 10, 2026
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Dutch Blockchain Week 2026 strengthens position as Europe’s leading B2B blockchain event week

April 14, 2026

Amsterdam, April 2026 – Dutch Blockchain Week 2026 is rapidly evolving into one of Europe’s…

Event

Global Games Show Riyadh: The Ultimate Creator & Influencer Hub

March 31, 2026

The fast-evolving gaming ecosystem of Riyadh is powered by solid national investment, a flourishing esports…

1 2 3 … 82 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

XRP News: Is the price removed? Researcher Reveals Why Ripple Token Isn’t Skyrocketing

June 10, 2026

Worldcoin – All about WLD’s 12% price rise after buyers return to the market

June 10, 2026

Does the chain link get hot? Kalshi CFTC Regulated LINK Perps Launches as ETF Flows Hit $101M

June 10, 2026
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2026 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 62,234.00
ethereum
Ethereum (ETH) $ 1,646.86
tether
Tether (USDT) $ 0.999214
bnb
BNB (BNB) $ 593.62
usd-coin
USDC (USDC) $ 0.999842
xrp
XRP (XRP) $ 1.12
solana
Solana (SOL) $ 64.92
tron
TRON (TRX) $ 0.322856
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05