NFT Market participation surges, whales accumulate in large numbers again
2026-08-26 14:30:33
According to CoinMeta, the NFT market is experiencing significant growth, with whales accumulating assets in a manner similar to that of 2021. NFT Trading volume has surged, with the blue-chip series seeing transactions ranging from several hundred to several thousand Ethereum over the past 7 days. The top NFT products have seen sales reach between 95 and 98 million US dollars, representing a week-on-week increase of 155% to 170%. In just one night, 26 Pudgy Penguins were purchased at a price of 113 Ethereum (about 278,000 US dollars), and the trading volume of Pudgy increased by 244%. The trading volumes of CryptoPunks and Bored Ape Yacht Club also rose by over 60% respectively. Overall market participation has surged, with the number of buyers and sellers increasing by nearly 50% week-on-week.
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