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TechFlow, April 11 — According to on-chain analyst Lookonchain (@lookonchain), a whale address sold the CryptoPunk 3100 NFT for 4,000 ETH (approximately $6.06 million).
The address had previously purchased the NFT one year ago for 4,500 ETH (approximately $15.79 million). Due to Ethereum's price dropping by about 57% from the purchase price of $3,509, this transaction resulted in a paper loss of approximately $9.73 million.
According to on-chain analyst Lookonchain (@lookonchain), a whale address sold the CryptoPunk 3100 NFT for 4,000 ETH (approximately $6.06 million). The address had previously purchased the NFT one year ago for 4,500 ETH (approximately $15.79 million). Due to Ethereum's price dropping by about 57% from $3,509 at the time of purchase, the transaction resulted in a paper loss of approximately $9.73 million.
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