No Result
View All Result
  • Home
  • PACKAGES
  • Financial News
    • Stock Market
    • Commodities
    • Cryptocurrency
    • Forex
  • Economy
  • Market Analysis
  • Education
    • Videos
    • Articles
Trades Academy
No Result
View All Result
Home Financial News Cryptocurrency

Over $30B of NFT Trading Volume on Ethereum is Wash Trading, Research Suggests

by Trades Academy
December 23, 2022
in Cryptocurrency
Reading Time: 1 min read
0 0
A A
0
Share on FacebookShare on Twitter



To grasp how prevalent the observe has turn out to be because the NFT markets emerged, when the entire filters have been utilized, over $30 billion of NFT buying and selling quantity from all time might be linked to clean buying and selling. This quantity is staggering, although it solely represents about 1.5% of all trades which have taken place on Ethereum. If that appears complicated, don’t be concerned: What it reveals is that almost all of trades are professional, however occur at a usually lower cost than the wash trades, which is sensible, when the purpose of many wash trades is to artificially inflate the value of an NFT assortment.



Source link

Tags: 30BEthereumNFTResearchSuggestsTradingVolumeWash

Related Posts

Cryptocurrency

Arbitrum’s First Governance Proposal Turns Messy With $1B ARB Tokens at Stake

by Trades Academy
April 1, 2023
Cryptocurrency

Former Activision Blizzard executive joins Yuga Labs as CEO

by Trades Academy
April 1, 2023
Cryptocurrency

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

by Trades Academy
April 1, 2023
Cryptocurrency

Michael Saylor’s $4 Bn Bitcoin Gamble Is Slowly Turning Profitable

by Trades Academy
April 1, 2023
Cryptocurrency

Binance.US transitioning to new bank providers, briefly limiting deposits and withdrawals

by Trades Academy
March 31, 2023
Cryptocurrency

The DOJ Is Liquidating its Seized Silk Road Bitcoin Stash

by Trades Academy
April 1, 2023
  • Trending
  • Comments
  • Latest

We are living through a trillion-dollar rebalancing

April 1, 2023

The unstoppable rise of government rescues

March 26, 2023

Congress deliberates a $52 billion semiconductor bill — Here are 2 stocks that could benefit

July 19, 2022

Why We’re Not Expecting A Repeat Of The 2008 Financial Crisis

March 28, 2023

Viatris: The Value And The Value Trap (NASDAQ:VTRS)

March 26, 2023

CQG Launches Optio Research for Insitutiotnal Trading

October 27, 2022

Is gold on the verge of a big short?

April 1, 2023

Recovery May Continue but Upside Will Be Limited

April 1, 2023

Arbitrum’s First Governance Proposal Turns Messy With $1B ARB Tokens at Stake

April 1, 2023

Former Activision Blizzard executive joins Yuga Labs as CEO

April 1, 2023

Don’t Expand Deposit Insurance. Abolish It!

April 1, 2023

NIO, Li Auto, XPeng March Deliveries Showed Growth

April 1, 2023
  • Home
  • PACKAGES
  • Financial News
  • Economy
  • Market Analysis
  • Education

Copyright © 2021 Trades Academy.
Trades Academy is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • PACKAGES
  • Financial News
    • Stock Market
    • Commodities
    • Cryptocurrency
    • Forex
  • Economy
  • Market Analysis
  • Education
    • Videos
    • Articles

Copyright © 2021 Trades Academy.
Trades Academy is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In