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NFT News

Owner of CryptoPunk #6046 Declines a $9.5M Bid for His Rare NFT

It would have marked as the largest sale in CryptoPunk history if the token had sold,

Written By Darshan Gajjar
Published 2021-10-16
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Owner of CryptoPunk #6046 Declines a $9.5M Bid for His Rare NFT

In Brief: 

  • Owner of CryptoPunk #6046 didn’t accept an offer worth 2,500 ETH ($9.5 million).
  • If the token had sold, it could have been the largest CryptoPunk sale ever

The owner of non-fungible token (NFT) CryptoPunk #6046 didn’t accept an offer worth 2,500 ETH (roughly $9.5 million). If the token had sold, it could have been the largest CryptoPunk sale ever by value.

On Larva Labs, the bidder, known as poap.eth, placed the bid just 15 hours after the CryptoPunk’s owner, known as Richerd, tweeted: “My punk is not for sale. I don’t care what anyone offers.” 

His punk has rare traits that are rare in cryptopunks, such as 3D glasses (3% of CryptoPunks have them), cigarette in the mouth (10%), and ‘frumpy’ hair (4%).

The CryptoPunks Collection is a compilation of 10,000 randomly generated images created by the startup Larva Labs. CryptoPunks is the most popular NFT collection ever on OpenSea, selling over 551,000 ETH ($2.1 billion) in total, worldwide. 

CryptoPunks have seen their value rise dramatically over the past two months. A single CryptoPunk was worth $93,000 on August 1st but is now worth approximately $465,000.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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