1/ Current state of the NFT market backed by @nansen_ai
I'll go over general market activity in the first half and NFT category breakdowns in the second.
TLDR: WSJ is wrong and this is a much better read than that article
1/ On-chain view of market sentiment powered by @nansen_ai
I'll go through general in/outflows and smart money activity/positioning.
NFA, just sharing my thoughts
1/ The @0xPolygon NFT market is one of the more interesting spaces to watch
Signing deals with large global brands at breakneck pace
Sharing some data points from @nansen_ai and my take on the level of success it has had with regards to onboarding users
1/ The past week, @seedphrase sold 2 Punks for a total of 4280 ETH ($5.6M)
Sold #5944 for 980 ETH and #2924 for a staggering 3300 ETH
Proceeds to sweep 157 @Cbcreepz (256 ETH), 7 @doodles (68 ETH), 104 Wolf Game Land (48 ETH), 50 @PartyDegens (5.9 ETH), 44 @RugRadio (11 ETH)
1/ A brief intro on Ethereum withdrawal mechanisms, how to make sense of withdrawal data, key metrics to look into, and misconceptions to avoid.
Primarily referencing @nansen_ai data but will share alternative sources whenever appropriate as well.
1/ A quick look at the top counterparties for 2 well known Genesis Trading wallets using @nansen_ai
These 2 wallets combined hold $231M in various tokens
Both have Alameda as one of their top counterparties and FTT as one of their top tokens received/sent
1/ State of the NFT Market (ETH & @solana) backed by @nansen_ai data
Expect a more nuanced and high quality take compared to Bloomberg's 97% drop in monthly USD volume piece.
TLDR: Volumes down bad but NFT space def not dead
1/ A brief look into Gemini's flows and their current holdings using @nansen_ai
Seeing 7.6x the amount of outflows compared to inflows, net outflow of ~$500M in the last 24 Hours
*ETH & ERC20 tokens only, from addresses that we have labeled
Seeing that FTX seems to have opened withdrawals, I've created a alerts channel that'll send a telegram message whenever a transfer occurs
Using @nansen_ai smart alerts ofc
Still in disbelief but today is my first day @nansen_ai as a Data Journalist!
Sharing my journey into crypto, how I got here and why I made the leap into Web3 full time. Hopefully it inspires/encourages some of you. ๐งต๐
finally stopped shaking
basically, there was a link to a fake @real_y22 telegram chat posted as a reply to one of his tweets
i was distracted, watching a show on my ipad while scrolling twitter on my com, clicked the link and it brought me to a telegram chat
the chat had a
Second wave of full withdrawals underway so you're definitely wondering who's behind it and if it's concerning
It's Kraken, with over 330K ETH in full withdrawals. Another ~175K in ETH left which is largely principal withdrawals.