<ul><li>A trader recently sold CryptoPunk #3100, one of the rarest Alien Punks, and took a $10 million loss on the trade.</li><li>The seller initially bought the CryptoPunk for 4,500 ETH in March 2024, but sold it for 4,000 ETH this week.</li><li>Due to the sharp decline in the price of Ethereum, the 4,000 ETH sale now only amounts to approximately $6.06 million, resulting in a significant loss.</li><li>This case highlights the volatility and speculative nature of the NFT market, with many investors experiencing steep losses in recent months.</li></ul>

NFT Crash: Trader Loses $10M Selling THIS Rare NFT Collection

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