A notable institutional collector just made another move in the CryptoPunks market. PunkStrategy snapped up Punk #1311 at 34.30 ETH, adding yet another piece to their growing collection.

The fund's current portfolio stands at 34 CryptoPunks in total. While the original tweet cuts off mid-sentence, this acquisition signals continued institutional appetite for blue-chip NFT assets despite broader market conditions. Worth watching whether they're accumulating strategically or simply dollar-cost averaging into cultural artifacts.

For context, PunkStrategy operates as one of several institutional vehicles focused exclusively on acquiring and holding CryptoPunks long-term. Their buying pattern could serve as a sentiment indicator for the OG NFT collection's floor dynamics.