The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire the NFT.

Cryptopunk #5822 Sells for 8,000 Ethereum

A new Cryptopunks record has been achieved on Saturday, February 12, 2022, when Deepak Thapliyal purchased Cryptopunk #5822 for 8,000 ETH worth $23.3 million using today’s ether exchange rates.

Cryptopunks is a popular NFT compilation created in June 2017 by Larva Labs Studios. There are 10,000 different Cryptopunk NFTs (3,840 female and 6,039 male versions) all with different attributes. Since June 2017, Cryptopunks has seen $2.57 billion in all-time sales volume among 5,927 traders.