The investor sold an uncontrolled symbol of Cryptopung (NFT) with a loss of about $ 10 million, reflecting the continuous decrease in the unprecedented Blue NFT market.
The whales, or the large cryptocurrency investor, sold for 4000 ETHER (ETH) at a value of more than $ 6 million at the time of this report.
The investor originally purchased NFT for 4,500 ETH, or nearly 15.7 million dollars, a year ago, according to Lokonchain Lookonchain Blockchain Analytics.
“Did you lose only $ 500 ($ 774,000)? No – he has already lost $ 9.73 million!” “When he bought it, $ ETH was traded at $ 3.509. By the time it was sold, $ ETH decreased by 57 %,” the platform added, added the platform.
Cryptopung purchase and sale. Source: Arkham Intelligence / Lookonchain
Despite the sharp loss, the $ 6 million deal is ranked first as the largest NFT sale over the past thirty days, According to To data from Cryptoslam.
The highest NFT sales of 30 days. source: Encryption
The sale comes within a period of recession for NFTS, which lacked the interest of a wider merchant. The NFT trading volume on ETHEREUM decreased by more than 53 % during the past month, while the size of the NFT trading in Polygon decreased by 41 %.
Cryptopunks witnessed a 13 % increase in temporary ground prices after rumors that its owner, Yuga Labs, may be “in the process” of the group’s intellectual property.
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Blue chip groups see a sharp decrease
Upper blue chip NFT groups still dramatically from their highest levels in 2021 amid a lack of commercial activity.
The price of Cryptopungs is currently about 43 ETH, or $ 68,000, a decrease of more than 61 % of the record of 113.9 ETH in October 2021.
Cryptopunks NFT floor price, graph ever. source: Nftpricefloor
The price of the Ape Yacht Club Club floor decreased by 89 %, while the Mutant Ape Yacht Club group decreased by 93 %, Nftpricefloor Data appears.
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However, the Pudgy Penguin group is still strange. It reached the highest new level ever for more than 25 Atheer on December 16, 2024, and raised the highest sales volume of more than $ 72 million in the first quarter of 2025.
source: Yuga Labs
At the beginning of March, the US Securities and Stock Exchange Committee closed its investigation for a period of three years at Yuga Labs, an investigation that started under the leadership of former President Gary Ginsner, who was aimed at investigating creators and markets, to find out if some NFTS, such as fracture NFTS, are securities.
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