A Rare CryptoPunk NFT Sells for $6 Million, Marking a $10 Million Loss
A unique CryptoPunk NFT, known as #3100, recently sold for $6 million. This sale, however, resulted in a important $10 million loss for the seller. The NFT, one of onyl nine Alien Punks in the collection, was sold for 4,000 Ethereum (ETH).The transaction was flagged by Arkham on X on April 10.
The sale was brokered by Fountain,an art brokerage firm. It was finalized through a private offer on the CryptoPunks marketplace. The seller, who bought the NFT in March 2024 for 4,500 ETH (around $16 million), faced a significant loss due to ethereum’s price drop.
CryptoPunk #3100 has been listed three times in the all-time top sales leaderboard.Despite its status as a top-tier NFT collection, CryptoPunks’ financial performance has declined.The collection’s floor price has dropped 67% from its peak in 2021.
- ETH price down 56% over the past year
- Floor price now averages 42.5 ETH
- NFT trading volume fell to $1.5 billion in Q1 2025
Despite these challenges, cryptopunks still holds a significant market share, making up 23% of the global NFT market capitalization. The industry faces pressure as NFT popularity and asset prices continue to fall.
