According to the data on the Defiliama chain, a few days ago, possibly due to the influence of the NFT lending market and the fact that some people have been stuck, the NFT market showed a large number of turnovers in the past few days.

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Today, Azuki led the way to a 30-day high, which is a rebound, and whales are still buying, with the average price reaching 16.36 ETH. Previously, you could buy Azuki with 5-6 ETH.

Azuki

The number of holders has been shrinking, but the increase in trading volume and floor price shows that the purchasing power of whales is greater than the selling volume of retail investors.

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bayc

However, NFTs like Bayc, which have been used for lending in large quantities and have added leverage, do not seem to be very popular among emerging whales. Although the trading volume is gradually recovering, the floor price is still in a rather awkward position.

Most of the users who bought the dip on May 8 have gradually moved to Azuki, and the trading volume hit a 30-day high just yesterday.

The price has not increased as much as Azuki

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Moonbird

However, the current floor price of Moonbird is still around 2 ETH, and the holders have also reached the lowest level in 30 days. It is predicted that most of the holders are short-term traders, and the same is true for Bayc above. Therefore, we boldly predict that the floor price of Azuki will rise. In fact, it is very likely that this kind of fund transfer will bring about this.

 

This also shows that the current NFT market is still in a state of on-site fund game and mutual cutting. Remember FOMO. In the case of severe lack of liquidity, hold the principal. But if you like this NFT very much, plus the current price is actually the historical low, it has not continued to fall, and the previous collapse of a certain loan agreement has brought the entire NFT circle the largest retracement so far, but the floor price is still maintained at the current price, so if you really like it, you also have reason to buy it!

The above content is not investment advice. The NFT market is in a state of liquidity tightening. Please invest in DYOR