NFT trader sells CryptoPunk after a year for nearly $10M loss

An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time of writing. The investor originally purchased the NFT for 4,500 ETH, or roughly $15. 7 million, a year ago, according to blockchain analytics firm Lookonchain source: https://cointelegraph.com/news/whale-sells-6m-crypto-punk-9-7-m-loss-year-hodling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound