NEW YORK — A collection of 104 CryptoPunks expected to be sold for up to $30 million was put on ice Wednesday during a much-anticipated auction at Sotheby’s.
A Sotheby’s representative said that the seller decided to withdraw the lot. Why the action of the rare NFTs was canceled was unclear at press time. The auction was first announced on Feb. 8.
The lot, which Sotheby’s titled “Punk It!,” was first acquired by collector “0x650d” back in July 2021 through a single $7 million transaction.
This is a developing story and will be updated.
Read more: Sotheby’s to Auction 104 CryptoPunks for Estimated $20M-$30M