In Brief
A total of 71 Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were sold on the NFT marketplace Blur, thanks to the increased NFT liquidity on the platform.
Blur surpassed the largest NFT marketplace OpenSea in terms of the trading volume.
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Seventy-one Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were sold on the NFT marketplace Blur. Altogether, the tokens were sold for 5,545 ETH, which is approximately $9.1 million at the moment of writing.
The blue-chip non-fungible tokens were sold by RektGuy founders, rektmando and osf_rekt. According to their Twitter posts, the decision was not easy, but they did not lose a chance to use the current increased NFT liquidity and get profit from the investments. It’s worth noting that RektGuy founders still hold several Yuga Labs’ NFT collections, including Otherside, Sewer Passes, and Mutant Ape Yacht Club tokens. More than that, osf_rekt shared that they had angel-invested in Yuga Labs.
“Thanks again to Yuga for changing our lives. Full royalties paid,”
writes OSF in a Twitter post.
In the past, an event like this would significantly move the floor price of the collection. However, this time, the floor price only decreased by 0.3 ETH, which is insignificant for such a large sale.
It’s important to note that marketplace Blur has recently launched the season 2 rewards and will soon airdrop its native token, $BLUR. The amount of airdropped tokens is based on the number of points users earn by placing offers on the platform. So, Blur users started putting liquidity actively, while rektmando and osf_rekt decided to accept the numerous offers for their tokens. Notably, BAYC holders sold each NFT for a little more than 78 ETH, which is approximately $128,000 at the moment of writing.
On a side note, in the past week, Blur surpassed the largest NFT marketplace OpenSea in terms of trading volume. The volume has increased by 445% and has reached $519.17 million, according to DappRadar.
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Any data, text, or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.
