DeFi· ★★★· bullish·

CryptoPunks Sales Jump 11.7x as Rare Punks Fetch $3.9M

  • —Weekly CryptoPunks sales reached ~$8.2M, up 11.7x week over week
  • —Sept. 23 sweep: ~63 Punks bought for ~$6M, floor rose from ~29 ETH to ~34 ETH
  • —Punk #8348 sold for 3M USDC, the largest sale in GONDI's history
  • —Punk #3609, one of 88 Zombie Punks, sold for 875k USDC (~326 ETH)
Why it matters: Rising volume despite a weak ETH price signals returning onchain risk appetite and a possible new NFT cycle.
Source: Bankless