Highest-ever CryptoPunk sale nets $24 million

NFTs • February 14, 2022, 3:34PM EST

A rare CryptoPunk sold for 8,000 ETH ($23.7 million USD) on February 12, making it the highest-selling CryptoPunk to date.

The punk that sold was CryptoPunk #5822. It’s not only one of nine aliens in the collection of 10,000 NFTs but it’s also one of 333 to wear a bandana.

Deepal Thapliyal, CEO of the blockchain tech startup Chain, now owns this CryptoPunk. He collects other non-fungible tokens (NFTs) and even bought a rare Mutant Ape Yacht Club serum for $5.8 million in January of this year.

CryptoPunk #5822

Prior to this sale, the highest ever selling CryptoPunk was another Alien Punk for $11.8 million at the auction house Sotheby’s in June of 2021, The Block previously reported, which was bought through USD and not ETH.

However, the creators of CryptoPunks note on their platform that second-highest selling CryptoPunk by USD is #4156 for 2,500 ETH ($10.2 million USD) in December of 2021.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.