Bandanna Sporting Crypto Punk #5822 Sets New Record As It Sells For $23M

A CryptoPunk NFT has just set the record for the highest-selling punk so far. The collection which is more than three years old had been in obscurity for the longest time but with the rise of NFT popularity, they have become one of the most valuable collections in the NFT space. In a recent sale, CryptoPunk #5822 has set the record for the high-selling punk after selling for $23 million. CryptoPunk #5822 Sells For 8,000 ETH The CryptoPunk #5822 which had sold for 8,000 ETH, more than $23 million had been bought by the CEO of Chain, Deepak Thapliyal. It is the most expensive CryptoPunk NFT to be sold to date. Only one of 10,000 CryptoPunks that was created in 2017, the original owner of the CryptoPunk had paid less than 1 ETH for the piece. They had then held through the initial boom of the collection until now, where they finally sold their punk for more than 7,999 ETH in profit. Relaed Reading | Maximize Your Crypto Holdings With High Yield Farming On BNB100X It is no surprise that this one CryptoPunk had sold for this price. There have been a number of CryptoPunks that have been sold for significant amounts of money, running into the tens of millions of dollars. In total, the CryptoPunk collection has seen more than $9.3 billion in trading volume since it was first launched. Thapliyal who purchased CryptoPunk #5822 had leveraged his Compound Finance account to purchase the piece, according to him. It is important to not...