The Cryptopunks non-fungible token (NFT) assortment has seen a brand new report because the NFT Cryptopunk #5822 offered on Saturday for 8,000 ether or greater than $23 million. The brand new proprietor of the NFT, Deepak Thapliyal, the CEO of a blockchain agency referred to as Chain defined that he used leverage by way of Compound Finance with a view to purchase the NFT.

Cryptopunk #5822 Sells for 8,000 Ethereum

A brand new Cryptopunks report has been achieved on Saturday, February 12, 2022, when Deepak Thapliyal bought Cryptopunk #5822 for 8,000 ETH value $23.3 million utilizing at this time’s ether alternate charges.

Cryptopunks is a well-liked NFT compilation created in June 2017 by Larva Labs Studios. There are 10,000 completely different Cryptopunk NFTs (3,840 feminine and 6,039 male variations) all with completely different attributes. Since June 2017, Cryptopunks has seen $2.57 billion in all-time gross sales quantity amongst 5,927 merchants.

Cryptopunk #5822 sells for 8,000 ethereum (ETH) or greater than $23 million.

The present ground value, which is presently the least costly Cryptopunks NFT you should purchase at this time, is round $209K or 71.52 ether. metrics point out that the estimated worth for Cryptopunk #5822 is round $9.93 million or 3,397.89 ethereum.

The CEO of, Deepak Thapliyal revealed he bought Cryptopunk #5822. Thapliyal famous that he used Compound Finance to make the acquisition and he can nonetheless maintain his ETH. “Due to [Compound Finance], I’m able to nonetheless HODL ETH whereas shopping for this. Mainly Lengthy’d ETH to punk-in. [Decentralized finance] FTW,” Thapliyal tweeted.

Metrics from’s seven-day statistics, the NFT assortment Cryptopunks has seen $50.7 million in gross sales, up 69.35% this week. Thapliyal’s acquisition of Cryptopunk #5822 elevated the gathering’s weekly gross sales and 24-hour gross sales jumped by 1,660.41%.

The 2 costliest Cryptopunks NFTs under Cryptopunk #5822’s worth embody Cryptopunk #7523 bought at a Sotheby’s public sale for $11.8 million and Cryptopunk #3100 which offered 11 months in the past for 4,200 ether. 4 days in the past, Cryptopunk #5577 offered for two,501 ether or $7.7 million. statistics point out Thapliyal is an avid collector of NFTs with 1,873 NFTs from 59 completely different collections with an estimated worth of round $64.63 million at this time.

Tags on this story
$23 million, CEO of, Compound Finance, Cryptopunk #5822, Cryptopunk NFT, cryptopunks, Cryptopunks assortment, Deepak Thapliyal, ETH, ether, Ethereum, Ethereum (ETH), leverage, nft, NFTs, Non-fungible Token

What do you concentrate on Cryptopunk #5822 promoting for 8,000 ether or $23 million? Tell us what you concentrate on this topic within the feedback part under.

Jamie Redman

Jamie Redman is the Information Lead at Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Information in regards to the disruptive protocols rising at this time.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Cryptopunk #5822, Twitter,,

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