In recent cryptocurrency asset transactions, a notable sale occurred where a CryptoPunk with a VR and Top Hat attribute was sold for 149.69 Ether (ETH), more than double the current floor price. The Punk was sold by @punksOTC to a new owner who had not previously owned a Punk. This Punk had last changed hands for 135 ETH in June, with only two other Top Hat sales since then. In a separate transaction, Ryan Carson sold an Ape Bitcoin Punk for 1.234 Bitcoin (BTC), equivalent to approximately $53,000. Carson had previously been criticized for a trade involving Bitcoin Punks, but the sale indicates that his investment might be paying off. As part of the original deal, Carson acquired four additional apes, six zombies, and an alien, totaling $300,000 for the collection. The value of Bitcoin Punks has been on the rise, with the price increasing from 0.3 BTC. Furthermore, a CryptoPunk has been reported to have a credit limit of 119.5 ETH on the platform @JPEGd_69, suggesting a borrowing capacity of $150,000 at a 56% loan-to-value ratio, well within the 80% limit. The platform offers a 2% APR on USD, with insurance options available for those concerned about liquidation risks.
Shaq responds to Mad Dog Russo. 😤 https://t.co/9WOjogG8uH
This Punk has a credit limit of 119.5 ETH on @JPEGd_69, making a $150K borrow only a 56% LTV borrow on up to an 80% limit. With 24% left, Punks FP would have to go to 42 ETH at current ETH/USD to risk liquidation. If you’re worried, insurance is available. 2% APR on USD. ⬅️👀🤙 https://t.co/BUPJBDHVVB
Ryan Carson just sold an Ape Bitcoin Punk for 1.234 BTC ($53,000). The @Bitcoin_Punks_ trade that got him roasted seems to be doing all right. He got 4 more apes, 6 zombies, and an alien as part of the deal (many months ago), paying $300k for the lot. Bitcoin Punks have gone… https://t.co/cmK8z2AOFQ
Ryan Carson just sold an Ape Bitcoin Punk for 1.234 BTC ($53,000). The @Bitcoin_Punks_ trade that got him roasted seems to be doing all right. Many months ago, he got 4 more apes, 6 zombies, and an alien as part of the deal, paying $300,000 for the lot. Bitcoin Punks have… https://t.co/HPExNEA5mf
Ryan Carson just sold an Ape Bitcoin Punk for 1.234 BTC ($53,000). The @Bitcoin_Punks_ trade that got him roasted seems to be doing all right. He got 4 more apes, 6 zombies, and an alien as part of the deal, paying $300,000 for the lot. Bitcoin Punks have gone from 0.3 BTC… https://t.co/mjWkEE5g2Z
**Ryan Carson's Revenge 🤜🤛** Ryan just sold an Ape Bitcoin Punk for 1.234 BTC ($53,000). The @Bitcoin_Punks_ trade that got him roasted seems to be doing all right. He got 4 more apes, 6 zombies, and an alien as part of the deal, paying $300,000 for the lot. Bitcoin… https://t.co/8DRa0rWnWs
**Ryan Carson's Revenge 🤜🤛** Ryan just sold an Ape Bitcoin Punk for 1.234 BTC ($53,000). The @Bitcoin_Punks_ trade that got him roasted seems to be nearly in-the-money. He got 4 more apes, 6 zombies, and an alien as part of the deal, paying $300,000 for the lot. Bitcoin… https://t.co/t8IRtkCLSB
Just like that we see another Punk sale. This time a premium -- VR + Top Hat for Ξ149.69, more than 2x floor. From @punksOTC to a previously Punk-less wallet. Last sold for 135 ETH in June. Only two other Top Hat sales since. https://t.co/QdQ2E24x0Q https://t.co/2EdIbFlZDc