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NFT News

Rare CryptoPunk NFT #4156 Sold For a Record 2500 ETH

The #4156 NFT is one of the rare 24 apes CryptoPunks and has a bandana as an attribute.

Written By Vismaya V Vismaya V
Published December 10, 2021 10:39 AM
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Rare CryptoPunk NFT Sold For $10.26 Million

In Brief:

  • Someone purchased CryptoPunk #4156 for 2,500 ETH, worth $10.26 million.
  • The CryptoPunk #4156 NFT is one of the rare 24 ape CryptoPunks.
  • Address 0x4c1194 currently owns this punk and now it’s on sale for $17.19M.

CryptoPunk #4156 got sold for 2,500 ETH, worth $10.26 million, making it one of the most expensive NFT sales in the CryptoPunk collection history.

The Larva Lab’s native CryptoPunk marketplace was utilized to sell the #4156 NFT. CryptoPunk #4156 is the largest in terms of dollar value in its native CryptoPunk marketplace created by Larva Labs.

However, due to Ethereum price swings, this is just the third greatest sale in terms of ETH. Two CryptoPunks were sold for 4,200 ETH a piece in March, but today’s sale only brought in 2,500 ETH.

Sotheby’s auction of CryptoPunk #7523 for $11.75 million also outranks the sale which became the most expensive CryptoPunk ever sold. 

Someone bid 2,500 ETH on the rare CryptoPunk #6046 in October of this year, which would’ve made it the most expensive sale at the time at $9.5 million if the Punk owner had accepted.

The owner however declined, claiming that the rare punk was too attached to his identity and brand, therefore he turned down the millions.

The #4156 NFT is one of rare 24 ape CryptoPunks, the second rarest CryptoPunk kind between aliens (which number only nine) and zombies (which number 88). Humans account for the great majority of CryptoPunks (9,879).

Punk’s attributes determine the worth of CryptoPunks, with the hoodie, beanie, and pilot helmet traits being the most valued. The #4156 NFT’s attribute is a bandana. 481 punks have a bandana as an accessory.

Address 0x4c1194 currently owns this punk. This punk is presently for sale for 4.16K ETH ($17.19M) by the owner. And there are no bids on this punk right now.

Reportedly several auction companies contacted the original owner of CryptoPunk #4156, claiming that with their help, the punk might have fetched an additional 1,500 ETH ($6.3 million).

For NFT collectors, Cryptopunks is the ultimate rookie card. In 2021, CryptoPunks gained enormous clout, with several celebs proudly displaying their punk ownership on Twitter. Sales of CryptoPunks NFT art are a leading signal for the rest of the NFT market, indicating that some people are ready to spend big money on blockchain-based art.

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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