In mid-2025, the CryptoPunks NFT market experienced notable activity with multiple high-value transactions recorded in Ethereum (ETH) and US dollars. Individual CryptoPunks were sold for amounts ranging from approximately 39 ETH ($95,651) to 55 ETH ($145,099). On July 20, a newly created wallet made a significant purchase by acquiring 45 CryptoPunks for 2,082 ETH, valued at around $7.79 million. This large acquisition caused the floor price of CryptoPunks to rise from 40 ETH ($150,000) to 48 ETH ($180,000). Subsequently, Arthur Hayes, known as @CryptoHayes, bought an additional five CryptoPunks for 245 ETH (approximately $900,000), increasing his total holdings to seven within a week. The market also saw other high-profile NFT sales, including the Ice King Pudgy Penguin, which sold for 120 ETH (around $440,000), marking the fourth highest on-chain sale for Pudgy Penguins. Following these events, several CryptoPunks sold for prices exceeding 56 ETH, with floor prices around 48 ETH ($175,000), indicating a tight supply. These transactions reflect sustained interest and investment in premium NFT assets within the Ethereum ecosystem.
Really nice stretch of Punk sales following an Arthur Hayes 5-Punk sweep - VR for 61.95 ETH ($226k) - 1-atty Cig for 59 ETH ($216k) - Mask for 56.5 ETH ($207k) Floor at 48 ETH ($175k) and thin... https://t.co/isq2Gl0NsJ
Ice King Pudgy Penguin sells for 120 ETH โ fourth highest on-chain Pudgy sale of all-time. https://t.co/VJNTqDKH3I
Ice King Pudgy just sold for $440,000 (120 ETH) https://t.co/wnuKAg0f6d