#ETH The bear market has not taken away the millionaire status of the largest NFT whales
The portfolios of the top 20 whales of the non-interchangeable token market contain NFTs worth at least $4.29 million.
Analysts point out that all of the top 20 NFT whales are NFT millionaires despite the ongoing bear market.
The richest whale was a user under the nickname SethS, whose portfolio is valued at 11,748 ETH, or $19.23 million.
Wilcox, the second richest NFT whale, follows with a portfolio valued at 11,336 ETH or $18.55 million.
Four of the top 20 NFT whales also ranked among the top 15 NFT traders. SethS leads the way as the top NFT whale and trader. Another user with the nickname Mr. 703 is in third place in both rankings.
"In other words, SethS and Mr. 703 are arguably some of the most successful early NFT investors, with a good balance between making profits and keeping NFT blue chips."