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NFT News

CryptoPunk 3100 Sells for $16 million in ETH

Written By:
Jalpa Bhavsar

Last updated: December 18, 2024 1:52 AM
Published 2024-03-04
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CryptoPunk 3100 Sells for $16 million in ETH

The NFT, CryptoPunk 3100, sold for 4.5K ETH, worth $16.03 million at the market price. The address 0x705876  is the new owner, taking it from the hands of 0x7b8961.

CryptoPunk 3100 Sells for $16 million in ETH
CryptoPunk 3100 Sells for $16 million in ETH

The buyer initially offered 4.25K ETH valued at $14.78 million on Feb 29, however, a third party offered 4.71K ETH valued at $15.9 million. In response, 0x705876 withdrew their bid and made a new bid of 4.5K ETH. At the time of settlement, the amount was $16.03 million.

The Crypto Times’ initial investigation revealed that they paid ETH for the NFT, received funds from another address (0x159992b850C0EF3C2905CeF037b0B7461a1F04f4), which got it from Cumberland ( 0x70587661c804c72BBa25EcddD8d17B332C984017). 

As per the sale of this NFT, it makes its debut in the list of the most expensive NFTs and becomes the second most expensive cryptopunk NFT. 

Also Read: Yuga Labs & NFT Now Unveil CryptoPunks Docuseries

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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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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