Whale sells 1,010 NFTs in 48 hours: Nifty E-newsletter, Feb. 22–28

On this week’s publication, examine how a whale offered 1,010 nonfungible tokens (NFTs) inside 48 hours. The Blur NFT market captured the house’s consideration, and the manuscript that coined the time period “metaverse” is being auctioned by Sotheby’s. In different information, discover out customers’ motivations behind their NFT purchases, and don’t overlook this week’s Nifty Information, that includes a Twitch streamer incomes 1,000 ETH in alternate for the Golden Key NFT.

NFT whale Jeffrey Hwang, also referred to as Machi Large Brother, offered 1,010 NFTs inside 48 hours. The NFTs had been exchanged for 11,680 Ether (ETH), value round $18.6 million on the time of the sale. Some NFTs offered had been from distinguished NFT collections like Bored Ape Yacht Membership (BAYC), Mutant Ape Yacht Membership (MAYC) and Otherdeed NFTs.

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