CryptoPunk #5822 is the most expensive CryptoPunk to have ever sold, racking up an astronomic $23m price tag. There has also been huge bidding and listing activity on the NFT. There have been multiple bids of over 1000 ETH (~$3m) throughout the token’s lifecycle. However, these have all been denied by the owner. In addition to this, the owner 0xDeepak has listed it for tens of thousands of ETH on multiple occasions. However, none of these listings have come to fruition. 19 days ago, the owner transferred the NFT to an unidentified wallet named 7DDFFB and hasn’t listed it since.
Looking at the rarity of the NFT, it has only one attribute. Only 2% of the collection have just one attribute, making it very rare. In addition to this, it a bandana which only 5% of the collection share. Finally, #5822 is part of the Alien skin, which as mentioned multiple times is the rarest possible skin to have (0.09% chance). The high number of rare attributes has undoubtedly driven the crazy high price of this CryptoPunk.