The most expensive CryptoPunk was recently sold to Chain CEO Deepak Thapliial for a record $23.7 million in Ethereum.
According to sources, Thapliial used the DeFi protocol Compound Finance to pay for the CryptoPunk directly from the online market place owned by CryptoPunks creator Larva Labs.
“Thanks to Compound Finance, I am able to still [hold] ETH while buying this. Basically long'd ETH to punk-in,” his tweet said.
The fourth-highest NFT buy in history
This is not only the largest NFT purchase in CryptoPunks history, but it is also the fourth-largest NFT purchase worldwide.
With a sale price of $69.3M in March of last year, Beeple's "Everydays: The First 5000 Days" continues to hold the record for being the most expensive NFT.
NFT "Clock" by multi-disciplinary artist Pak came in second after selling for just under $54M.
Third-placed Beeple's "Human One" NFT sold for $29 million.
Before Mackenzie bought CryptoPunk #7523 in 2021, Larva Labs' biggest sale was the $10.26 million purchase of CryptoPunk #4156.
The CryptoPunks collection has apparently generated more over $2 billion in secondary trading volume, according to data from Cryptoslam.
The V2 CryptoPunks collection was recently delegitimized as a result of the recent widespread confusion among the CryptoPunk community around the failed V1 CryptoPunks and the subsequent community-wrapped attempt to help keep it alive.
