Cryptocurrency Q&A Did cryptopunk sell for $532m?

Did cryptopunk sell for $532m?

Valeria Valeria Thu Dec 12 2024 | 6 answers 1219
I heard that a digital artwork, specifically a Cryptopunk, was sold for an astronomical amount of $532 million. I'm wondering if this news is true or just a rumor. Did cryptopunk sell for $532m?

6 answers

AmethystEcho AmethystEcho Fri Dec 13 2024
CryptoPunk #9998 reportedly fetched an astonishing price of $532 million in a recent sale.

Was this helpful?

188
74
Caterina Caterina Fri Dec 13 2024
Notably, the money used in this transaction originated and ultimately returned to the same address.

Was this helpful?

71
63
ShintoSanctuary ShintoSanctuary Fri Dec 13 2024
This transaction involved a unique practice akin to a “wash sale” observed in traditional securities markets.

Was this helpful?

144
35
HanRiverVisionaryWave HanRiverVisionaryWave Fri Dec 13 2024
This address is located on the Ethereum blockchain, the platform hosting the CryptoPunk NFT.

Was this helpful?

257
66
KatanaSharp KatanaSharp Fri Dec 13 2024
In such a sale, the CryptoPunk NFT was sold and immediately bought back by the same entity or entities.

Was this helpful?

284
64
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts