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.
6 answers
AmethystEcho
Fri Dec 13 2024
CryptoPunk #9998 reportedly fetched an astonishing price of $532 million in a recent sale.
Caterina
Fri Dec 13 2024
Notably, the money used in this transaction originated and ultimately returned to the same address.
ShintoSanctuary
Fri Dec 13 2024
This transaction involved a unique practice akin to a “wash sale” observed in traditional securities markets.
HanRiverVisionaryWave
Fri Dec 13 2024
This address is located on the Ethereum blockchain, the platform hosting the CryptoPunk NFT.
KatanaSharp
Fri Dec 13 2024
In such a sale, the CryptoPunk NFT was sold and immediately bought back by the same entity or entities.