Matched with Bankless: CryptoPunks sales are heating up again.
From 9/19 to 9/26, unwrapped trades totaled about $8.2 million for the week, roughly 11.7x quarter-over-quarter; around 9/23, that buying spree reportedly scooped up about 63 Punks and spent roughly $6 million, lifting the floor from about 29 ETH to about 34 ETH.
Harder numbers came in on 10/1: the 7-attribute unique #8348 was sold for 3 million USDC via a GONDI Sell & Repay (with an additional undisclosed portion), the largest GONDI deal in history; and the zombie Punk #3609 sold for 875k USDC. Both transactions involved stablecoins buying up packaged editions—less like the old script of just tracking ETH up and down.
ETH has still been hovering around 46% below its highs, but OG Punks trading moved first.
#CryptoPunks #NFT #ETH
From 9/19 to 9/26, unwrapped trades totaled about $8.2 million for the week, roughly 11.7x quarter-over-quarter; around 9/23, that buying spree reportedly scooped up about 63 Punks and spent roughly $6 million, lifting the floor from about 29 ETH to about 34 ETH.
Harder numbers came in on 10/1: the 7-attribute unique #8348 was sold for 3 million USDC via a GONDI Sell & Repay (with an additional undisclosed portion), the largest GONDI deal in history; and the zombie Punk #3609 sold for 875k USDC. Both transactions involved stablecoins buying up packaged editions—less like the old script of just tracking ETH up and down.
ETH has still been hovering around 46% below its highs, but OG Punks trading moved first.
#CryptoPunks #NFT #ETH
