Eight Giant Whales' Movements Overview: What is their attitude towards Azuki Elementals?

特邀专栏作者

2023-06-29 17:40 (UTC+8)

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Some people paid a gas fee of $53,000 to participate in the Elementals sale, while others spent $1.5 million to purchase Elementals. There are also those who frequently trade on the secondary market.

AI Summary

Some people paid a gas fee of $53,000 to participate in the Elementals sale, while others spent $1.5 million to purchase Elementals. There are also those who frequently trade on the secondary market.

Original Author: Karen, Foresight News

Today, Azuki Elementals went viral and sparked community controversy, causing Elementals to fall below the listing price, and the Azuki floor price briefly dropped below 9 ETH.

I will not go into the details of the sale and community discussion of Azuki Elementals. In this article, I will explore the attitude of the most influential participants in the NFT field towards Azuki Elementals through Whales data.

According to OpenSea data, as of the time of writing, there are a total of 9456 Azuki Elementals (already revealed), with approximately 60% of holders holding 1 Elementals NFT, approximately 38% of holders holding 2-10, and approximately 2.6% of holders holding more than 10.

Distribution of Azuki Elementals holders, source: OpenSea

In the Azuki Elemental Beans (not revealed) series, 62% of addresses hold 1, and 3.2% of addresses hold more than 10. In comparison, 3.2% of addresses in Meebits also hold more than 10, 1.7% of addresses in Azuki hold more than 10, and the proportions of addresses holding more than 10 in BAYC, Milady Maker, and Doodles are 0.9%, 3.4%, and 0.8% respectively. Thus, the concentration of Elemental Beans among whales remains relatively high.

Azuki Elemental Beans distribution, Source: OpenSea

Below is the participation status of the top eight whales in today's Elementals. Among these whales, the addresses that participated in the sale have not yet started massive selling of Elementals. Most of them are either holding and observing or maintaining a positive attitude. There are also some addresses that did not participate in the sale but are actively trading in the secondary market. These addresses are either continuously arbitraging or accumulating NFTs with certain attributes that they believe in. Of course, the signals released by these whales are relatively one-sided and there is a high possibility that they may be contrary to the market trends.

Andrew Kang: Azuki Elementals First Whale (580 pieces)

According to OpenSea data, the largest holder of Azuki Elementals is beanwhale.eth, holding 580 Azuki Elementals NFTs, accounting for 6.76% of the current circulating supply of Azuki Elementals. This address is marked by Nansen as Andrew Kang, co-founder of Mechanism Capital.

Andrew Kang has always been a strong believer in Azuki. He expressed a few days ago that Azuki is currently one of the top 3 NFT collections, focusing on fashion, technological innovation (ERC 721 A, Physical-NFT PBT), etc., and has the potential to become the largest series.

So, where did beanwhale.eth's Azuki Elementals come from? This address received 290 Elemental Beans NFTs that were not opened due to holding Azuki four days ago (June 24, 15:03) through an airdrop, and today at 00:03, in a transaction, they minted 290 Elemental Beans using 580 ETH.

s NFT, the average minting cost is 2 ETH.

Currently, beanwhale.eth has fully minted Elementals. As of now, no Elementals transactions have been observed in the secondary market.

According to NFTGo data, based on the number of NFT holdings, Andrew Kang's NFT investment portfolio consists of Azuki's three major series (Azuki Elementals, BEANZ, and Azuki), which account for nearly 75% of his holdings, including 299 Azuki and 436 BEANZ Official.

beanwhale.eth NFT holding distribution, source: NFTGo

0x1E193 Address: Elemental Beans' Top Whale

The blue-chip whale with address 0x1E1936 currently holds 459 Elemental Beans and 26 Azuki Elementals, ranking first in Elemental Beans' top whales.

On June 24th, at 15:02, the address 0x1E1936 received an airdrop of 101 Elemental Beans in a transaction, and later received multiple Azuki and BEANZ from addresses such as grails.grail.eth and grail.eth to participate in the presale. Then, at 00:07 today, it minted 177 Elemental Beans, 00: 10 Minted 74 Azuki with 148 ETH.

Subsequently, the address sold 14 Azuki and received 132 ETH, then minted 62 Elemental Beans at 04: 44 (strangely, the transaction method was "Claim" instead of "Airdrop" and no ETH was spent, possibly for claiming an airdrop), and then at 05: 28, bought 24 Elemental Beans on Blur here , at an average price of 1.94 ETH.

The first transaction of this address occurred approximately 3 months ago. Currently, it only holds Azuki ecosystem NFTs, including 141 Azuki and 78 BEANZ Official.

Source: NFTGo

luggis.eth: The Largest Presale Buyer

According to OpenSea data, as of the time of writing, luggis.eth holds 126 Azuki Elementals (ranked third) and 295 Elemental Beans (ranked fourth).

luggis.eth is the largest buyer in the Azuki Elementals presale, spending a total of $1.5 million to purchase Elementals. It minted 207 Elemental Beans with 414 ETH at 00: 04, and then minted 200 Elemental Beans with 400 ETH at 00: 10.

Below is the NFT investment portfolio of luggis.eth summarized by NFTGo.

Source: NFTGo

In addition, the luggis.eth subdomain vault.luggis.eth currently holds 207 Azuki, 254 BENZ Official, and 141 Elemental Beans.

christian 2022.eth: Willing to offer $40 million to acquire Azuki

Next, let's observe the address of the big player christian 2022.eth, which belongs to Christian, a partner of NextGen Digital Venture. Currently, it ranks second in holding Azuki Elementals Beans (356 tokens), and is also the second-largest purchaser of Elementals presale tokens.

According to NFTGo data, the address also holds 703 BEANZ Official tokens, 39 Azuki tokens, and 54 Azuki Elementals tokens. Today, christian 2022.eth jokingly stated that they are willing to offer $40 million to acquire Azuki. Recommended reading: "Exclusive Interview with NFT Whale planning to acquire Azuki: I have increased my holdings, NFT won't die."

Source: NFTGo

christian 2022.eth made a half-joking offer of $40 million at 00:02 today,

78 ETH minted 39 Azuki Elementals Beans in the presale, followed by minting 332 Azuki Elementals Beans for 664 ETH at 00:10. Then, at 09:04, 39 Azuki Elementals Beans were claimed. suicide.eth paid a transaction fee of up to $53,000 when participating in the presale. They are the fourth-largest participant in the Elementals presale and minted 136 Azuki Elementals Beans with 272 ETH. It is worth noting that they also paid a transaction fee of up to $53,000 (approximately 28.6 ETH). suicide.eth sold 7 Elementals Beans early this morning and transferred 104 Elementals Beans to two other addresses. As of the time of writing, suicide.eth holds 16 Elementals Beans. Image Source: Etherscan Huang Licheng frequently trades the Azuki series and purchased Elemental #19481 with 36 ETH. Huang Licheng (machibigbrother.eth) did not participate in the Elemental presale. However, they have been actively trading the Azuki NFT series today and currently hold 344 Azuki Elemental Beans (the third-largest whale). It is worth noting that Huang Licheng purchased an Azuki NFT with a frog attribute for 36 ETH today.Elemental #19481, the highest trading price in the current NFT series.

dingaling.eth: Minted 122 Elemental Beans NFT for 244 ETH

Early BAYC participant dingaling.eth is also a large holder of Azuki, with 122 Azuki, 167 Azuki Elementals, and 63 Elemental Beans. dingaling.eth minted 122 Elemental Beans NFT for 244 ETH at 00:09 UTC.