The purchase amount has become a record in the entire history of the popular collection

​Token #5822 from the CryptoPunks NFT collection sold for $23,7 million

14.02.2022 - 08:35


1 min

What’s new? Chain CEO Deepak Thapliyal published a tweet announcing the purchase of a rare token from the well-known CryptoPunks NFT collection under the number #5822. The purchase amount was a record 8000 ETH, which is over $23,7 million.

What else is known about the deal? To acquire a rare token, Deepak Thapliyal used credit collateral on the Compound crypto platform. This allowed him to buy NFT without having to sell his digital assets.

The community is divided on the purpose and meaning of this transaction. Some felt that the deal was funded by the Chain company itself to create frenzy and hype both around itself and around the collection. There are also opinions that in this way Deepak Thapliyal wants to evade taxes and launder the high profits made through the use of cryptocurrencies. According to some representatives of the crypto community, the NFT sphere is currently tax-free, which is one of the ways to “launder” the income.


Michael Golikov Michael Golikov

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