SpaceCatch priceCATCH

One of the most shocking NFT sales of the year just happened: A trader sold CryptoPunk #3100, one of the rarest Alien Punks, and took a $10 million hit on the trade. The seller originally bought the Punk for 4,500 ETH in March 2024 – worth about $15.79 million back then. This week, they sold it for 4,000 ETH, which doesn’t sound like a huge discount at first glance… but here's the catch: The Ethereum price has dropped nearly 55% since then. The 4,000 ETH sale now equals only around $6.06 million, locking in a brutal loss, as reported by Cryptotimes . Back in March 2024, ETH was trading at $3,500. Today, it sits around $1,568 – which means the seller didn’t just lose on the NFT itself, but also on the value of the underlying crypto asset. This sharp drop is what transformed a seemingly minor ETH difference into a multi-million-dollar loss. ETH/USD price in the past week - TradingView CryptoPunk #3100 is no ordinary NFT. It’s part of the Alien Punks collection – with only 9 in existence out of 10,000 total CryptoPunks. At the time of its original purchase, it was the second-highest sale ever recorded for a Punk. This case isn’t unique. Over the past few months, many NFT investors have sold at steep losses, especially those who bought in during the 2021–2022 hype cycle. The sale of CryptoPunk #3100 underscores how volatile and speculative the NFT market can be, particularly when combined with crypto price swings. Once a booming asset class, NFTs have seen declining volumes, floor prices, and investor sentiment across major collections. Even ultra-rare tokens aren’t immune. One of the most shocking NFT sales of the year just happened: A trader sold CryptoPunk #3100, one of the rarest Alien Punks, and took a $10 million hit on the trade. The seller originally bought the Punk for 4,500 ETH in March 2024 – worth about $15.79 million back then. This week, they sold it for 4,000 ETH, which doesn’t sound like a huge discount at first glance… but here's the catch: The Ethereum price has dropped nearly 55% since then. The 4,000 ETH sale now equals only around $6.06 million, locking in a brutal loss, as reported by Cryptotimes . Back in March 2024, ETH was trading at $3,500. Today, it sits around $1,568 – which means the seller didn’t just lose on the NFT itself, but also on the value of the underlying crypto asset. This sharp drop is what transformed a seemingly minor ETH difference into a multi-million-dollar loss. ETH/USD price in the past week - TradingView CryptoPunk #3100 is no ordinary NFT. It’s part of the Alien Punks collection – with only 9 in existence out of 10,000 total CryptoPunks. At the time of its original purchase, it was the second-highest sale ever recorded for a Punk. This case isn’t unique. Over the past few months, many NFT investors have sold at steep losses, especially those who bought in during the 2021–2022 hype cycle. The sale of CryptoPunk #3100 underscores how volatile and speculative the NFT market can be, particularly when combined with crypto price swings. Once a booming asset class, NFTs have seen declining volumes, floor prices, and investor sentiment across major collections. Even ultra-rare tokens aren’t immune.

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Bitwise CIO claims #Bitcoin will hit new all-time highs when the “market volatility stabilizes.” 🔹The Deputy Attorney General released a memorandum titled “Ending Regulation by Prosecution” and stated that “the

Don't try to catch a falling knife. Stock market and crypto feels weak. Bottom is not in.

There will always be winning times and losing times- try and mitigate the losing times. I do my best to outline what I see even if I do not like what I see or if it did not work out what I hoped for, Support and resistance is your friend, if you see one break or catch a bid then

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 BlackRock CEO Larry Fink says he isn’t ruling out another 20% decline in the market but views this as a buying opportunity. 🔹 Galaxy Digital has secured SEC approval for US listing, plans to list on NASDAQ with