In the past week, the market conditions related to the Bitcoin ecosystem have continued to be hot. But some people may not have noticed that the NFT market is also gradually going up. According to BlockBeats observation, since November, giant whales have successively purchased Weirdo Ghost Gang (little ghost), Yuga Labs joint venture Gordon Goner has returned to the market and purchased Squiggle series, World of Women, doodles and other NFT products. There are various signs that the NFT market has gradually recovered.

The transaction volume of the NFT market has grown steadily in the past two weeks, and the floor prices of many projects have surged.

According to NFTGO data, the transaction volume of Ethereum NFT increased by 79.46% in the past month, reaching 208,880 ETH. NFT traded in USD also increased significantly, and the transaction volume increased by 102.83% in the past month, reaching 380 million US dollars. volume. Taking the data of the past week as a starting point, the activity of the NFT market is also constantly refreshing.November 7, according to Dune data, Ethereum NFT transaction volume exceeded 10,000 ETH, reaching 10,351 ETH, a new high in the past three months.

also,November 8, according to Dune data, Bitcoin NFT transaction volume approached US$16 million, hitting the second highest level in history, which also contributed to the recent rise in the NFT market.November 6, Nansen reported that as of the week of November 6, NFT sales reached 68,342 ETH, approximately US$129 million.

At the same time, according to BlockBeats observation, NFT floor prices including Bored Ape Yacht Club, Pudgy Penguins, etc. have generally increased in the past half month.

In addition, according to BlockBeats observation,November 4, the Gemesis NFT floor price once achieved a 108% 24-hour increase, and the 24-hour trading volume reached 7.19 ETH.the same day, the total transaction volume of NFTs issued by Nikes encrypted fashion brand RTFKT reached a breakthrough of nearly US$1.4 billion.

What are whales and KOLs buying?

According to BlockBeats observation, the frequent trading of giant whales in the past week and the buying of many community KOLs may have pushed up the NFT market to a certain extent.

Sofa Maker

Lost Miners x 45: Co-Founder@CryptoVonDoomShare his Sofa MakerNFT product on social platforms on November 13th. According to Blur data, the floor price of Sofa Maker is 0.2 ETH.

Squiggle

@GordonGoner(Yuga Labs Lianchuang) returned to the market in November and frequently purchased many NFT series products, including at a price of 36 ETHBoughtSquiggle series of NFT products. Squiggle’s current floor price is 0.47 ETH.

Weirdo Ghost Gang

November 8, according to Blur data, Christian, co-founder of crypto fund NDV and NFT whale, has established 1,000 Bid order walls at the NFT project Weirdo Ghost Gang price of 0.5 ETH, with a total value of 500 ETH. According to Blur data, Little Ghost increased by 30.56% on the 7th, with a quoted price of 0.47 ETH.

the same day, according to Blur data, NFT whale dingaling also bought 40 small ghosts, and Pudgy Penguins CEO Luca Netz responded that he had bought one small ghost.

World of Women

@GordonGonershared her purchase of World of Women on November 10, noting, “When I was looking for items to emulate, I started browsing the world of women nft collection, not really knowing if I could find one that made sense to me. Project. And then I saw this. This is the spitting image of my girlfriend, the one who shines and has been there for me throughout this entire journey, supporting me, loving me, and putting up with my endless crap. Give her this tonight. She doesnt know. Does anyone know how to give someone a jpeg romantically?

According to Blur data, World of Women rose 48.99% on the 7th, with a floor price of 1.03 ETH.

doodles

It is worth noting that@GordonGonerAlso bought doodles. According to Blur data, Doodles increased by 34.32% on the 7th and was quoted at 2.27 ETH.