Rare Ape CryptoPunk sells for $1.5M amid market downturn

CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.

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The CryptoPunks non-fungible token (NFT) collection made headlines when a rare Ape-themed CryptoPunk sold for over $1.5 million on Sept. 5.

CryptoPunk #6915 was sold for 620 Ether (ETH), equivalent to around $1.48 million. This particular NFT is one of only 24 Ape-themed CryptoPunks and features three distinct attributes: a cap, an earring, and an eye patch.

Although the NFT sold for over a million dollars, the owner had received higher offers for the piece earlier this year. According to CryptoPunks data, in March 2024, when monthly NFT sales volume was approximately $1.6 billion, offers for Punk #6915 ranged from $5 million to $6 million.

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