"NFTs are dead" Officially announced. A Punk sold for 5.9 million USDT! @seedphrase The one and only 7-trait CryptoPunk #8348 has been sold. GONDI reported 3 million USDC + an undisclosed amount. Previously, it was tied to a 2.8 million loan, which was cleared through a Sell & Repay transaction. The key is in that "undisclosed amount." Not sure if it’s six figures or seven, but it’s at least high six figures. Zombie Punks are already nearing 900K, so the premium on this unique 7-trait Punk couldn’t have been low. Later, someone tracked it on-chain. The buyer’s wallet first received 5.9 million, used 3 million to pay off the loan and buy the Punk, and transferred the remaining 2.9 million to another wallet. After deducting GONDI’s 2% fee, the actual sale price is likely around 5.9 million. An era has ended. Seed held onto this Punk for a long time.