NFT Market Takes a Breather: Here's What the Numbers Tell Us
The NFT space cooled off this past week, and the data is pretty telling. Trading volume dropped 9.22% to $85.31 million—nothing shocking, but the buyer exodus? That's the real story.
We saw buyer count collapse by a staggering 96.75% (down to just 20,349), while sellers dropped 95.05%. Transaction count fell 4.21% to 1.4M+. Basically, liquidity took a hit.
Network-by-network breakdown: - **Ethereum** led with $33.42M (down 14.97%) - **Base** slid 27.35% to $7.25M—that's concerning - **Mythos Chain** dipped 11.3% to $7M
The whale moves? CryptoPunks held strong. #8295 went for $196K (54.69 ETH), followed by #5361 ($173K), #5295 ($165K), #9537 ($160K), and #2845 ($151K). Blue chips aren't sweating.
TL;DR: Retail's ghosting the market, but the collectors? Still buying the dip. Classic two-tier market behavior.
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NFT Market Takes a Breather: Here's What the Numbers Tell Us
The NFT space cooled off this past week, and the data is pretty telling. Trading volume dropped 9.22% to $85.31 million—nothing shocking, but the buyer exodus? That's the real story.
We saw buyer count collapse by a staggering 96.75% (down to just 20,349), while sellers dropped 95.05%. Transaction count fell 4.21% to 1.4M+. Basically, liquidity took a hit.
Network-by-network breakdown:
- **Ethereum** led with $33.42M (down 14.97%)
- **Base** slid 27.35% to $7.25M—that's concerning
- **Mythos Chain** dipped 11.3% to $7M
The whale moves? CryptoPunks held strong. #8295 went for $196K (54.69 ETH), followed by #5361 ($173K), #5295 ($165K), #9537 ($160K), and #2845 ($151K). Blue chips aren't sweating.
TL;DR: Retail's ghosting the market, but the collectors? Still buying the dip. Classic two-tier market behavior.