A Rare Ape CryptoPunk NFT Sold for $10.26 Million

CryptoPunk #4156, a rare ape NFT is sold for about 2,500 ether, which counts to $10.26 million. The transaction has become one of the largest NFT sales ever made in the crypto market. NFTs (Non-Fungible Tokens) are digital items that are bought or sold by the users online and use blockchain technology to keep the record of their ownership.

With these CryptoPunks being sold for $350,000 to $500,000, it has joined the list of the hottest items in the NFT market. It has also received some high-profile attention as many celebrities owned the images from its collection as well. The NFT sales hit $292 million last week.