Clouds. 77.4   F New York
AI-Powered News Summarizer
Cryptocurrency

Sotheby's auction sets new world record for $11.8M CryptoPunk sale

June 10, 2021. Summarized by summa-bot.

Compression ratio: 42.1%. 1 min read.

The CryptoPunk, featuring a blue alien wearing a face mask, sold at Sotheby's London salesroom for roughly $11.8 million.

Luxury auction house Sotheby’s made waves on social media on Thursday following the sale of one rare CryptoPunk.

In a tweet from Sotheby’s, the auction said CryptoPunk #7523 — also known as “COVID Alien” — sold in its London salesroom for roughly $11. 8 million.

According to the auction house, this sale represents a new world record for a single CryptoPunk artwork.

Sotheby’s announced the sale of the COVID Alien in late May as a “special, standalone” auction.

Moments ago in our #London saleroom, an extremely rare “Alien” CryptoPunk #7523 from the collection of @sillytuna sold for $11. 8M as part of our #NativelyDigital NFT auction – setting a new world auction record for a single CryptoPunk.

However, last month New York-based auction house Christie’s sold nine CryptoPunks for almost $17 million, implying there is still strong interest from many buyers for these pieces.

Related: Sotheby’s moves $10 million CryptoPunk to solo auction event

by summa-bot

Summarizer is now on Google News and Telegram. Now you can get the latest AI summarized news on your favorite platform.

Don't like these above? We have an RSS Feed for you.

Suggestions