---
title: "Investor sells CryptoPunk NFT for $6M absorbing a $10M loss"
url: https://diffcoin.com/investor-sells-cryptopunk-nft-for-6m-absorbing-a-10m-loss/
description: "A rare CryptoPunk NFT sold for $6M , marking a $10M loss for the seller as NFT prices slide and Ethereum's value drops over 50% in the past year"
published: 2025-04-11
updated: 2025-04-11
author: "Mila"
site: "Diffcoin"
---

# Investor sells CryptoPunk NFT for $6M absorbing a $10M loss

A rare CryptoPunk NFT just sold for $6 million at a staggering $10 million loss amid the continued slide in NFT prices.

CryptoPunk #3100, one of just nine Alien Punks in the original 10,000-piece collection, was sold for 4,000 Ethereum (ETH), worth about $6.07 million at the time of sale, according to an Apr. 10 transaction flagged by Arkham on X. The art brokerage firm Fountain reportedly brokered the sale, which was finalized through a private offer on the CryptoPunks marketplace.

> NFT TRADER DOWN $10M ON CRYPTOPUNK
> 
> This NFT Trader bought an Alien Cryptopunk 1 year ago for 4.5K ETH ($16M). He just sold it for 4K ETH ($6M).
> 
> He just locked in a $10M loss.
> 
> Address: 0x70587661c804c72BBa25EcddD8d17B332C984017 [pic.twitter.com/765PHvUzob](https://t.co/765PHvUzob)
> 
> — Arkham (@arkham) [April 10, 2025](https://twitter.com/arkham/status/1910450030801994050?ref_src=twsrc%5Etfw)

When the NFT was first bought by the anonymous seller in Mar. 2024, it was the third-largest CryptoPunk transaction at the time, costing 4,500 ETH, or about $16 million. But with Ethereum’s price down roughly 56% over the past year, the seller’s 500 ETH loss turned into a net $10 million hit in dollar terms.

CryptoPunk #3100 is now listed three times in the all-time top sales leaderboard for CryptoPunks, having previously sold for $7.58 million and $16.03 million. Despite CryptoPunks remaining the top-tier profile picture NFT collection, its financial performance has taken a hit.

The collection’s floor price has dropped 67% from its all-time high of 125 ETH set in 2021, now averaging 42.5 ETH, as per CoinGecko data. At that time, ETH was trading at around $3,500, placing the floor price above $400,000 compared to just $65,900 at press time.

As NFTs’ popularity and asset prices continue to fall, the industry has been facing significant pressure. In Q1 2025, NFT trading volume fell to $1.5 billion, a 24% decrease from Q4 2024, according to DappRadar’s Q1 report.

Despite only a slight drop in trading activity, the steep drop in volume indicates fewer high-value transactions rather than a decline in users. CryptoPunks still commands a sizable share of the market, making up 23% of the $2.7 billion global NFT market capitalization.

[Source link](https://crypto.news/rare-cryptopunk-nft-sells-for-6m-with-seller-absorbing-a-10m-loss-amid-nft-price-slump/)