CryptoPunks predate the modern NFT craze by years, and that O.G. status has made the 2017 Ethereum profile picture collection a legend in the space.
Dozens of CryptoPunks have sold for a million dollars’ worth of ETH or more, but today, the collection shattered its previous record with one sale of nearly $24 million.
On Saturday, CryptoPunk #5822 sold for 8,000 ETH, or about $23.7 million worth at the time of sale. Deepak Thapliyal, CEO of cloud blockchain infrastructure firm Chain, purchased the NFT directly from CryptoPunks developer Larva Labs’ own online marketplace.