A collector has sold CryptoPunk #3100 for 4,000 ETH, which is approximately $6 million, resulting in a loss of $10 million compared to its sale price of 4,500 ETH, or about $16 million, from a year ago.

CryptoPunk #3100 is a rare "Alien Punk," with only nine in existence. The floor price for CryptoPunks has dropped by 44% over the past 90 days, reflecting the gloomy state of the NFT market as trading volume and Ethereum prices continue to decline.