The Scandalous NFT Loss That Shocked Everyone 🤯

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What to know:

  • Ah, CryptoPunks—those digital darlings once hailed as the epitome of sophistication—have fallen from a grace so lofty, one can only imagine the gossip in high society.
  • Observe the fate of CryptoPunk #3100 as it gracelessly changed hands for 4,000 ETH, shedding its once-gleaming aura and leaving behind a wallet so much lighter it might float away like a lost balloon 🎈.
  • In spite of the market’s gentle collapse (like a decadent soufflé gone horribly flat), prized Punks such as #3100 remain as scarce as an honest compliment at a dinner party, thus still fetching princely sums.

Remember when CryptoPunks were the grandest symbol of “Look at my opulence, peasants” bragging rights? How quaint!

The 10,000 avatars—conjured in 2017 by Larva Labs—once strutted about like regal peacocks during the heady NFT mania of 2021. Some even commanded princely ransoms of $56 million in ether by 2024, presumably leaving onlookers both dazzled and nauseated 🤢.

Data reveals that the top five lavish NFT sales belong to the CryptoPunk pantheon, yet owners, with all the subtlety of leaving a soirée at dawn, appear to be heading for the exits.

Read more$70 million in 24 hours: Can Ethereum crack $4,000 thanks to whales?

The possessor of CryptoPunks #3100—apparently a master of dramatic timing—disposed of their regal collectible on Friday for 4,000 ETH, trimming an impressive 500 ETH from its previous glory. Meanwhile, ETH itself has tumbled like an unbalanced gentleman, nearly 60% over the past year.

Punk 3100 bought for 4,000 ETH ($6,084,359.86 USD) by 0x074ad7 from 0x705876. #cryptopunks #ethereum

— CryptoPunks Bot (@cryptopunksbot) April 10, 2025

Gracious me, one might still deem that sale a handsome sum when you compare it to the collection’s floor price of 42 ETH—a figure so modest it makes one want to faint dramatically. #3100’s rare “alien” lineage (only 9 of 9985, dear me!) sporting a hairband (406 of 9742) remains the talk of every pretentious parlor.

While NFT trading volumes have gently waned since 2021 (like a poorly planned waltz), occasional bursts of hysteria continue to remind us that a fool and their ETH are soon parted. Indeed, overall market sales tiptoed down to just over $58 million on April 7, reminiscent of a simpler time in early 2021, before the champagne turned flat 🍾.

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2025-04-11 09:54