The data reveals the profit strategies of the top 15 NFT tycoons: a total profit of nearly 300 million US dollars, and these projects have the highest return on investment

Original text: Lim Yu Qian, CoinGecko

Compilation: Nancy, PANews

Recently, CoinGecko released an NFT research report. After analyzing the overall profits (realized and estimated unrealized) of the top 100 Ethereum NFT traders in the NFTGO rankings, it was found that the top 15 NFT traders have accumulated a profit of 2.99% The main profit comes from blue-chip NFTs such as CryptoPunks, Art Blocks, Bored Ape Yacht Club and Meebits.


The following is the original text:

Are NFTs a Good Investment?

To date, top NFT traders have made profits ranging from 5,221 ETH to 55,291 ETH from investing in Ethereum NFTs, worth between $9.6 million and $101.63 million at the time of writing (when ETH was around $1,838). Although NFT tycoons obtain huge profits through NFT, this does not mean that ordinary investors can also replicate the same returns. In addition to skilled skills, good timing and luck are also inseparable.

In terms of realized profits, an NFT trader named SethS tops the list, earning a total of 55,291 ETH (worth $101.63 million at the time of writing), and these profits are more than 3 times that of the second place, from 9 Different addresses accumulated, holding a large number of CrytoPunks and CrytoPunks V1; followed by Punks OTC, with a profit of 15,838 ETH (worth about 29.11 million U.S. dollars); Mr.703 followed closely with a profit of 14,624 ETH, becoming the third highest profit of NFT traders.

From the perspective of profit strategy, the profits obtained by the top 15 NFT traders in the Larva Labs, Yuga Labs and Art Blocks blue-chip NFT series accounted for more than 94.5% of the total. Among them, CryptoPunks accounted for 70.6% of the profits, ranking first; the generative art project Art Blocks ranked second among the top traders’ profits, accounting for 12.2%; followed by BAYC and Meebits with 5.5% and 3.4% respectively.

Among them, 11 NFT traders have earned millions of dollars from CryptoPunks investments, and 8 of them have earned more than half of the profits. It is worth mentioning that the trader named “0x7eb2…3f6b” made a profit of 7992 ETH just by selling CryptoPunk #5822 to Chain CEO Deepak, ranking fifth, and CryptoPunk #5822 is also the all-time price One of the most expensive NFTs. However, several NFT traders like 0xef6d…4a74, Jimmy McNelis, Akira and Rudy Adler seem to be less concerned about CryptoPunks.

In addition to CryptoPunks, 5 NFT traders have also generated millions of dollars through Art Blocks. Among them, a trader named “Akira” earned 5984 ETH from generating art projects alone; followed by Wealthsimple founder Rudy Adler who earned 5320 ETH from Art Blocks, and 0xef6d…4a74 who earned 4656 ETH.

Also, only 3 NFT traders have profited millions of dollars from BAYC’s investments. In addition to NFT collector Jimmy McNelis (aka j1my) who earned 3030 ETH in profit, Franklin (@franklinisbored) and Pranksy made 2616 ETH and 2265 ETH in profit respectively.

On the whole, the above report also shows that top NFT traders often bet on blue-chip NFTs at low prices in the early stage to make profits, and this also shows that NFTs are only suitable for those few investors who can keenly identify blue-chip potential stocks, or Those NFT investors who are able to diversify their investments.