CryptoPunk #5822 NFT Sold For A Record Breaking $23.7 Million

The world of NFTs is shook! The biggest ever Crypto Punk purchase in history has just been executed 30 mins ago as I report this story!

Crypto Punks are one of the most valuable NFT collections around and recently a Crypto Punk (#5822) has been sold for a record breaking 8,000 ETH, that equals to more than $23,700,000 at the time of writing this article

Who Bought CryptoPunk #5822?

Crypto Punks are a collection of 10,000 unique digital art characters and no two of them are the same. The buyer of Crypto Punk #5822 is the CEO of Chain – who goes by the name of Deepak.eth on the blockchain.

The record-breaking NFT purchase has been reported by the CryptoPunks Bots on Twitter. The CryptoPunks Bot is developed by the same company which made Crypto Punks and it announces all sales and large bids for CryptoPunks on the Ethereum blockchain.

Deepak.eth shared the news on his official Twitter handle as well. Right before purchasing the Crypto Punk NFT for a record amount, the Chain CEO also did a 3..2..1 countdown on his Twitter handle.. and the rest? That’s history.

Historic NFT Sale

Previously, the highest legitimate sale for a CryptoPunk was $11.7 million but now that record has been broken by a massive amount.

Crypto Punks have been the center of attention since the last one year or so. Just like the BAYC NFT collection, a lot of celebrities own Crypto Punks.

What do you think about this whole story and how will this impact the overall NFT space? Tell us your thoughts in the comments.

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Shaheer is passionate about living a life seeking un-ending knowledge, philomath, as you may think of him. He's a student of Finance and a keen observer of Business and Indian-Political scenario who takes pleasure to pen down his views and opinions on the same. As his guiding mantra to life, ‘Come what may , life goes on’ helps.

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