A CryptoPunk that commanded $23 million just four years back has now hit the market with a top bid of merely $140,000. This dramatic shift in valuation tells quite a story—a steep decline that reflects the broader NFT market correction we've witnessed in recent years. From peak euphoria to reality check, CryptoPunks and the digital collectibles space have undergone a significant repricing. Whether this represents a buying opportunity or signals deeper structural challenges in the NFT segment remains a topic worth examining.