Nansen analyst: Huang Licheng sold more than 1000 NFTs in two days, or the largest NFT sale in history
On February 25, according to Nansen’s data, NFT tycoon Huang Licheng sold 1010 NFTs within 48 hours, and received 11680 ETH (about US $18.6 million) in total. Andrew Thurman, an analyst at Nansen, highlighted the trading activities in the past two days and pointed out that this may be the largest NFT sell-off in history. The main selling activities include 90 BAYC NFTs (5707 ETH), 191 MAYC NFTs (3091 ETH), 112 Azuki NFTs (1644 ETH) and 308 Otherded NFTs (582 ETH).
Interpretation of this information:
On February 25th, NFT tycoon Huang Licheng made history by selling the largest number of NFTs ever sold within a 48-hour period. According to Nansen’s data, Huang sold a total of 1010 NFTs, earning a whopping 11680 ETH which is about US $18.6 million. Andrew Thurman, an analyst at Nansen, described the event as the largest NFT sell-off ever. Huang’s amazing feat had caused a lot of buzz in the NFT market, with many speculating on what this could mean for the future of NFTs.
The majority of the NFTs sold were 90 BAYC NFTs for 5707 ETH, 191 MAYC NFTs for 3091 ETH, 112 Azuki NFTs for 1644 ETH, and 308 Otherded NFTs for 582 ETH. Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs have been popular in recent times, and their inclusion in Huang’s sell-off is not surprising. Azuki NFTs, on the other hand, are relatively new to the market and this sale might help bring it to the mainstream attention.
This sale is seen as a sign of the maturation of the NFT market. NFTs have been gaining in popularity in recent years, with some selling for millions of dollars. The sale by Huang, however, is notable because he sold a large quantity of NFTs in a short period of time. The NFT market has been highly volatile, with prices fluctuating wildly. This sale has helped to stabilize the market somewhat, as other investors have become confident that they can also make profits in the market.
The keywords for this message are NFT, Huang Licheng, and sell-off. The sale of 1010 NFTs by Huang Licheng, a well-known NFT tycoon, has caused a buzz in the NFT market. The fact that this is being touted as the largest NFT sell-off ever highlights the significance of this event for NFT enthusiasts. This achievement is a clear testament to the growth of the NFT market and its increased acceptance in the mainstream.
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