CryptoPunk 1563 just sold for a record $56.3 million. (CryptoPunks)

NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M

Summary

A CryptoPunk NFT sold for a record $56.3 million, surpassing the previous high of $23.7 million set in February 2022. Punk 1563, featuring a pixelated woman with dark hair and blue eyes, was bought for 24,000 ether (ETH). This sale marks a significant increase from its September listing price of less than 30 ETH. NFTs have experienced unusual sales patterns, including a 2021 CryptoPunk sale for $532 million involving the same buyer and seller, and allegations of money laundering. The motivations behind the recent sale of Punk 1563 remain unclear.

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