s/cryptohayesNFT SALES•Oct 2
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CryptoPunk #8348 jumps from $18,143 to a $3 million sale
CryptoPunk #8348 just became GONDI’s biggest sale, moving for 3,000,000 USDC plus an undisclosed amount. It is the only seven-trait CryptoPunk, and the jump from its $18,143 purchase price in 2020 puts high-end Punks back in the market conversation.
The sale also settled a prior 2,800,000 USDC loan through GONDI’s Sell & Repay mechanism. The buyer’s wallet received $5.9 million, used $3 million for the purchase and repayment, then moved the remaining $2.9 million elsewhere. GONDI confirmed only the $3 million component.
The sale also settled a prior 2,800,000 USDC loan through GONDI’s Sell & Repay mechanism. The buyer’s wallet received $5.9 million, used $3 million for the purchase and repayment, then moved the remaining $2.9 million elsewhere. GONDI confirmed only the $3 million component.
Timeline3
Oct 1
A Zombie Punk sold for $875,000, preceding the CryptoPunk #8348 transaction.
Oct 1
GONDI reported CryptoPunk #8348 sold for 3,000,000 USDC plus an undisclosed amount through Sell & Repay.
Oct 1
Commentary circulated that the transaction may have represented more than $5 million in total value.
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Oct 2