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Sotheby’s Withdraws 104 CryptoPunks Minutes Before Expected Auction
Summary: A collection of 104 CryptoPunks expected to be sold for up to $30 million was put on ice Wednesday during a much-anticipated auction at Sotheby’s, according to coindesk. A Sotheby’s representative said that the seller decided to withdraw the lot which Sotheby’s titled “Punk It!,” was first acquired by collector “0x650d” back in July 2021 ...
A collection of 104 CryptoPunks expected to be sold for up to $30 million was put on ice Wednesday during a much-anticipated auction at Sotheby’s, according to coindesk.
A Sotheby’s representative said that the seller decided to withdraw the lot which Sotheby’s titled “Punk It!,” was first acquired by collector “0x650d” back in July 2021 through a single $7 million transaction. The pseudonymous collector said they changed their mind.
This was supposed to be the second time Sotheby’s has facilitated the sale of a major NFT lot, with the first being a $24.4 million collection of 101 Bored Apes sold in September.
By Amy Liu
Tags: Auction,CryptoPunks,NFT,Sotheby’s
Link: Sotheby’s Withdraws 104 CryptoPunks Minutes Before Expected Auction [Copy]
