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.
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.