From the Art Basel x UBS 2025 report:
"The number of works created in the last 20 years that sold for over $1 million fell by almost a third, to 117 works in 2025. In 2021, at the peak of the market for ultra-Contemporary works, 21 recently created works sold at auction for over $10 million, including digital artworks by Beeple, Pak, and others, whereas in 2025 there were only three, and they sold at considerably lower prices. These included Maurizio Cattelan’s golden toilet sculpture America (2016), which sold for $12.1 million at Sotheby’s New York, and two works by Yoshitomo Nara: Cosmic Eyes (in the Milky Lake) (2005) for $11.5 million at Sotheby’s London and I Can’t Wait ‘til the Night Comes (2012) for $10.3 million at Sotheby’s Hong Kong."