Another bizarre CryptoPunks' sale in the last seven days — this time for an unreasonably cheap price

• CryptoPunk 7557 sold for a 97% discount on OpenSea today, in a second unusual CryptoPunks’ sale over the last seven days.
• The NFT was auctioned off at 4.444 Ether, which The Block suspects was a punctuation error with the decimal point intended to be a comma.
• Instead of $19.4 million, the seller had to accept a price of $19,400.

CryptoPunk 7557 sold for just 4.444 Ether (ETH), which is worth around $19,400, today. According to $4, its market value is more along the lines of $850,000 and the sale was the result of a punctuation mistake. It postulates that the buyer actually meant to sell the CryptoPunk for 4,444 ETH amounting to $19.4 million — not $19,400.

CryptoPunk 7557 is one of the only 55 non-fungible tokens ($4) within the CryptoPunks collections that features a tiara giving it the name ‘Tiara Punk’ within the crypto community. And, the last one sold for a whopping $843,000.

Even the company behind the development of CryptoPunks, LarvaLabs, pegs the cheapest ‘Tiara Punk’ at a price of 350 ETH, which is approximately $1.5 million.

Historical data on $4, a database of non-fungible tokens (NFTs), shows that the buyer originally bought the CryptoPunk for $134,487 four months ago. Since then, the market value of CryptoPunks has exploded, especially amid the onset of ‘Uptober’. Had CryptoPunk 7557 been sold for $19 million, the former owner would have seen 141-fold return on their investment.

This is the second unusual CryptoPunks’ sale in the last seven days
Last week, CryptoPunk 998, sold for $532 million and was momentarily thought to be the most expensive NFT in the collection. However, it later $4 that it was actually the owner pumping up the CryptoPunk’s price by selling it to themselves using a flash loan but not before Crypto Twitter was already questioning the deal — theories ranged from the transaction being a scam or security exploit to allegations of money laundering.


CryptoPunks are a collection of 10,000 digital avatars, each with their own unique combination of features like an $4 with a mask and hat or a $4 with crazy hair and a chip strap. In October, nine of them sold for $4. This month the highest sale so far clocked in at $676,313 for CryptoPunk 7088.

The Cryptopunks collection is the second biggest NFT project in the world worth over $1.6 billion, according to $4.

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