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NFT sales volume jumps to $129M in November — Nansen data

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NFT sales volume surged to $129M in November, according to Nansen data. In the week ending Nov. 6, NFT sales reached 68,342 ETH, increasing from 29,704 ETH in the previous week. The top NFT marketplace in the past 30 days was Blur, with a trading volume of 161,433 ETH, followed by OpenSea with 52,307 ETH. The most traded NFT collection was Bored Ape Yacht Club (BAYC) with a volume of 35,226 ETH. CryptoPunks remained the top collection by market capitalization but had a trading volume of only 5,773 ETH. NFT traders increased by 12% in the last seven days, with 22,804 buyer addresses and 27,308 sellers. The number of wallets holding NFTs remained around six million. Despite NFT marketplace OpenSea laying off half its staff, NFT trading volume continued to rise.