2022-11-10 04:34:07
As we continue into this fiasco with FTX and Almaeda's possible Solana liquidation, Ethereum and Solana NFTs have fallen drastically in the past 24 hours.
Dune Analytics report shows that OpenSea's daily NFT trading volume on Solana has fallen from 4,900 SOL to just shy of 1,000 SOL which is about $55,000 in difference. The Solana-based leading NFT marketplace Magic Eden saw a drop from 153,000 SOL to 84,000 SOL, a difference of $1.1 million.
The situation isn't any different for Ethereum NFTs. Based on the data by Dune, OpenSea Ethereum NFTs trading volume dropped from about 6,000 ETH to 3,900 ETH, about $2.5 million in difference.
As Binance backed out of the FTX acquisition deal, the NFTs on the FTX's NFT marketplace may look to be on their way to liquidation as well.
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