A CryptoPunks NFT sold for 8,000 ETH today, or $23.7 million.
It doubles the previous CryptoPunks record of $11.8 million, set last June.
CryptoPunks predate the modern NFT craze by years, and that O.G. status has made the 2017 Ethereum profile picture collection a legend in the space. Dozens of CryptoPunks have sold for a million dollars’ worth of ETH or more, but today, the collection shattered its previous record with one sale of nearly $24 million.
Thapliyal tweeted that he used leverage via DeFi protocol Compound Finance to pay for the CryptoPunk, telling Compound founder Robert Leshner, “Thanks to Compound Finance I am able to still [hold] ETH while buying this. Basically long’d ETH to punk-in.”
His new Punk features the rarest avatar type: alien. Just nine CryptoPunks out of the entire collection of 10,000 avatars are aliens. This particular Punk last sold for 8 ETH, or just over $1,600 at the time, back in July 2017.