A collection of nine CryptoPunk non-fungible tokens (NFTs) sold for $16.9 million at auction house Christie’s on Tuesday.
CryptoPunks are a collection of 10,000 pixelated heads. They come in the form of humans, apes, zombies and aliens.
The nine separate and rare NFTs were sold by Larva Labs, the creator of CryptoPunks itself, from its own collection. Christie’s hasn’t yet disclosed the buyer.
NFT activity has been on the decline over the past few weeks. According to The Block’s Data Dashboard, weekly NFT trading volumes have dropped significantly from their peak in February. Weekly users and transactions of NFT platforms have also declined.
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