Whale report: Deciphering the trading patterns of well-known NFT collectors

In this report, we examine the trading patterns and habits of three NFT collectors; Pranksy, Dingaling and Wilcox. About when do they buy, when do they sell, and how can they profit from NFT assets?

Despite the pessimism affecting the cryptocurrency market, the NFT market is experiencing a positive trend. Factors such as increased exposure of celebrities and brands in the space, and the launch of community marketplaces have further boosted NFT metrics. In the long run, NFTs have amassed $6.7 billion in volume in 40 days (plus LooksRare's $15.7 billion in volume), which is 60% of Q4 2021.



virtual reality

As the NFT market continues its upward trend, it is worth analyzing what some of the most influential players in the space are currently doing. We are talking about NFT whales or top holders with huge buying power. In this report, we turn our attention to three of the most prominent NFT collectors in the space, identifying trends and patterns based on their trading behavior over the past six months.



Important points


According to the DappRadar Portfolio Tool, the three whale wallets have a net worth of over $242.7 million.

NFT whales follow different investment strategies; Pranksy is an active NFT trader (over 5,000 minted and over 5,200 traded NFTs), other investors like Wilcox tend to be in a more passive position (1,000 minted NFTs) , the NFT transaction volume is less than 100).

Whale players have more access to the metaverse, especially virtual lands and voxel avatar NFTs.



content


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