A Russian journalist auctioned off his prize to raise money for Ukrainian refugees.
The medal was sold at an auction in New York City on Monday, which was World Refugee Day. He is the editor-in-chief of Novaya Gazeta.
The money will be used to help child refugees from Ukraine, according to the Associated Press.
The Filipina journalist Maria Ressa, who co-founded the critical news site Rappler, was one of two people to win the peace prize.
"I was hoping that there would be an enormous amount of solidarity, but I was not expecting this to be such a large amount," he said.
The winning bidder was not revealed by the auction house.
After the fall of the Soviet Union, a group of journalists founded Novaya.
The independent newspaper, which was published weekly, is known for its critical and investigative coverage of the Russian president.
In February of this year, he was critical of Russia's invasion of Ukranian. The war in Ukraine has been going on for five months.
Novaya Gazeta was forced to suspend its print and online operations after the Kremlin began cracking down on the media. There was a new version of Novaya Gazeta that was launched a few weeks after.
According to the AP, Muratov traveled from Russia to New York for the auction, but it's not clear where he lives.
He was attacked with red paint and acetone on a train from Moscow to Russia.
The unknown male attacker shouted "Muratov, this is for our boys" in reference to the Russian troops fighting in Ukraine.