Weekly NFT sales drop 2.56% to $33.63M; Ethereu... - Pluang
Weekly NFT sales declined 2.56% to $33.63 million, while Bitcoin NFTs saw a 7.57% increase in sales despite fewer buyers.
Weekly NFT sales totaled $33.63 million, down 2.56%, with transactions and buyer/seller addresses sharply declining. The overall crypto market cap slightly dipped to $2.36 trillion, reflecting cautious investor sentiment.
Ethereum led NFT sales with $10.98 million, followed by Polygon and Bitcoin. Despite fewer buyers, Bitcoin NFTs saw a 7.57% sales increase and dominated the highest-value transactions.
Market Performance
Among 50 major cryptocurrencies, 13 rose and 36 fell. Filecoin (FIL) dropped 3.84% to Rp12.539 with 68% sell orders, while The Graph (GRT) rose 3.54% to Rp321 with 93% sell orders. Axie Infinity (AXS) fell 3.12% to Rp13.350 with 89% sell orders.
U.S. spot Bitcoin ETFs experienced net outflows of $1.07 billion in the week ending Friday, continuing a two-week trend with total withdrawals reaching $2.35 billion. BlackRock's iShares Bitcoin Trust led the outflows.
Bitcoin Shorts
A Hyperliquid address held short positions worth about $143.1 million across Bitcoin and Ether as of a November 14 snapshot. The short exposure included 1,379.421 BTC valued at $92.72 million and 26,463.76 ETH valued at $50.36 million.
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