CryptoPunk NFT Bought for $1 Million Sells for $139,000

CryptoPunk NFT Bought for $1 Million Sells for $139,000
Maxim Hopman/Unsplash
Nicholas Dolinger
Updated:

A non-fungible token (NFT) from the “Cryptopunks” series has reportedly changed hands for just 55 Ether, having previously sold for several times that amount last October.

On Sunday, Cryptopunk #273 was at a value of about $139,000, after previously having sold for $1.03 million last October. This NFT is one of a series of 10,000 heavily pixelated portraits by Larva Labs, which have been minted since 2017.