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Azuki Elementals NFTs Experience Significant Withdrawals, Bitcoin NFTs Gain Momentum

July 11, 2023
in News
Reading Time: 2 mins read
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Since the Azuki Elementals mint on June 26th, the BendDAO collateral saw big withdrawals of Azuki NFTs, now holding only 70 Azukis, only 16% of what it held at its ATH in mid-April 23.

While Azuki’s volume has drastically decreased, and its 30-day floor price went from 17.1 ETH on June 12, to 7.1 ETH on July 10.

Over the past 24H, Bitcoin NFTs saw over $4.9M in volume, which equals 31.4% of Ethereum’s NFT volume. Ethereum NFTs saw 5.4 times the buyers, in comparison to Bitcoin, while Bitcoin NFTs saw an average of $2.8K per buyer, 1.7 times that of Ethereum’s.

Over the past 24H, #Bitcoin NFTs saw over $4.9M in volume, which equals 31.4% of Ethereum’s NFT volume.

Ethereum NFTs saw 5.4 times the buyers, in comparison to Bitcoin, while Bitcoin NFTs saw an average of $2.8K per buyer, 1.7 times that of Ethereum’s.

Data by @cryptoslamio pic.twitter.com/VBInzSa2Fk

— NFTgators 🐊 (@NFTgators) July 11, 2023

Notably, within the last 24 hours, the most expensive Bitcoin NFT sold for an impressive $439,000. This transaction showcases the growing value and demand for unique digital assets on the Bitcoin blockchain.

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