Nansen Data’s NFT sales increase to $129 million in November

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In a post posted by Nansen on X (formerly Twitter) emphasize In the week ending October 9, NFT sales were 29,704 ETH, which is worth approximately $56 million at the current ETH market price.Sales volume Increase every week until it reaches 68,342 ETH, worth over $129 million.

The NFT Blur market had the highest share of NFT trading volume over the past 30 days. According to data aggregator NFTGo, Blur’s trading volume in the past 30 days was 161,433 ETH (approximately $305 million). Meanwhile, in second place is competitor OpenSea with a trading volume of 52,307 ETH, equivalent to approximately $100 million.

30-day trading volume data for the NFT market. Source: NFTGo

In terms of NFT collections, Bored Ape Yacht Club (BAYC) has the highest trading volume in the past 30 days. The BAYC collection is 35,226 ETH, which is approximately $66.7 million. Next is the Mutant Ape Yacht Club (MAYC) series with 14,947 ETH and The Captainz series with 9,948 ETH Ethereum.

CryptoPunks remain the most valuable collectible. However, the collection’s trading volume over the past 30 days was only 5,773 ETH.

In addition, NFTGo data also shows that the number of people trading NFTs has increased by 12% in the past seven days. The buyer’s address during the same period was 22,804, while the seller’s address was 27,308. Meanwhile, the number of wallets containing NFTs still hovers around 6 million.

The increase in NFT trading volume comes amid seemingly bearish news for the NFT market. On November 3, NFT market OpenSea laid off half of its employees in preparation for the launch of its second version.

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