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NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M

The article reports that a CryptoPunk NFT has been sold for a record-breaking price of $56.3 million. This sale price surpasses the previous record of $23.7 million set in February 2022. The specific CryptoPunk, known as Punk 1563, features a pixelated woman and was previously offered for sale at a much lower price. The article also mentions the unusual and controversial aspects of NFT sales, such as potential money laundering and instances where the same person is involved in both sides of a trade. The motivations behind the sale of Punk 1563 are not known.

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