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CryptoPunk #9682 Sells on Uniswap for 72.72ETH

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On March 10, Etherscan data showed that CryptoPunk # 9682 was traded at 72.72 ETH on Uniswap. The buyer exchanged 527281 Goerli ETH (GETH) for ETH to fund the t

CryptoPunk #9682 Sells on Uniswap for 72.72ETH

On March 10, Etherscan data showed that CryptoPunk # 9682 was traded at 72.72 ETH on Uniswap. The buyer exchanged 527281 Goerli ETH (GETH) for ETH to fund the transaction.

CryptoPunk # 9682 was traded at 72.72 ETH, and the buyer used more than 52700 Goerli ETHs to provide funds

Analysis based on this information:


The digital art market for collectibles like CryptoPunks has been heating up lately, and CryptoPunk #9682 has just sold for a whopping 72.72ETH on Uniswap. This sale is particularly interesting due to the method of payment – the buyer exchanged 527281 Goerli ETH (GETH) for Ethereum (ETH) in order to fund the transaction.

First off, let’s examine what CryptoPunks are. These are 8-bit style digital images of quirky punk characters originally created in 2017. Each CryptoPunk is unique, with different combinations of features like hairstyles, clothing, and accessories. While the art itself may seem simple, the scarcity of each individual CryptoPunk is what gives them value. There are only 10,000 CryptoPunks in existence, and each one is owned by a different person. The rarity of these digital collectibles has made them incredibly valuable over the past year, with some selling for millions of dollars.

Now, let’s talk about Uniswap. This is a decentralized exchange built on the Ethereum blockchain. What this means is that users can trade cryptocurrencies without having to give up control of their funds to a central authority. Uniswap uses liquidity pools and smart contracts to securely and transparently facilitate trades. The fact that this CryptoPunk sale happened on Uniswap means that it was likely a peer-to-peer transaction, with no middlemen or fees involved.

Finally, we have the method of payment. Goerli ETH (GETH) is a testnet version of Ethereum, used by developers to test new applications before they are launched on the main Ethereum network. It’s interesting that the buyer chose to exchange this testnet currency for actual Ethereum in order to buy the CryptoPunk. This may indicate that they are a developer or otherwise involved in the Ethereum ecosystem. It’s also possible that they simply preferred using GETH for privacy or security reasons.

Overall, this sale is a testament to the growing interest and value of digital collectibles like CryptoPunks, as well as the power and convenience of decentralized exchanges like Uniswap. It also highlights the creativity and flexibility of cryptocurrency users when it comes to finding alternative payment methods.

In summary, CryptoPunk #9682 selling for 72.72ETH on Uniswap with 527281 Goerli ETH (GETH) as payment demonstrates the increasing popularity of digital collectibles, the power of decentralized exchanges and the adaptability of cryptocurrency users.

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