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NFT sales fall to $33.63M as Bitcoin volume rises

NFT sales fall to $33.63M as Bitcoin volume rises - 1RailThe payment rail for your crypto. One card. Every chain. No KYC. Spend with Apple Pay or Google Pay in 180+ countries.

NFT sales have fallen 2.56% to $33.63 million over the past seven days, while Bitcoin recorded higher sales and Ethereum held its position as the largest network for NFT trading.

Summary
  • Weekly NFT sales reached $33.63 million, with transactions falling 15.06% to 640,844.
  • Buyer addresses dropped 74.78% to 67,937, while seller addresses fell 79.33% to 51,093.
  • Ethereum led blockchain sales with $10.98 million, followed by Polygon at $8.26 million.
  • Bitcoin sales rose 7.57% to $4.87 million despite a 79.32% decline in buyer addresses.
  • Courtyard led collections with $7.08 million, while two Bitcoin sales topped the individual transaction rankings.

According to CryptoSlam, the seven-day snapshot captured on Nov. 14 showed a smaller decline in sales value than in transactions and participating wallets. Buyer and seller figures represent addresses, which do not necessarily correspond to separate individuals.

The average recorded sale stood at roughly $52.48 per transaction, compared with an estimated $45.74 in the preceding period. Based on the dashboard’s rounded percentage changes, average transaction value rose approximately 14.7%.

Separately, CoinGecko listed Bitcoin near $67,318 and Ethereum around $1,902 during checks on Nov. 14. Total cryptocurrency market capitalization stood at approximately $2.36 trillion, down 1.11% over 24 hours.

You might also like: NFT sales fall 20% to $32.05m as Courtyard holds first place

Ethereum leads NFT sales with $10.98 million

Ethereum recorded $10,983,125 in NFT sales, down 4.65%, accounting for approximately 32.7% of the weekly market total. Buyer addresses fell 84.29% to 6,263, while separately tracked wash-trading volume dropped 58.20% to $76,067.

CryptoSlam seven-day dashboard showing NFT sales down 2.56% to $33.63 million, Ethereum leading blockchains with $10.98 million and Courtyard topping
Weekly NFT sales reached $33.63 million, with Ethereum and Courtyard leading | Source: CryptoSlam

Polygon followed with $8,259,758, a 6.45% decline. Its buyer count fell 65.20% to 20,321. The network recorded $17.56 million in wash trading, which was listed separately from sales.

Bitcoin placed third with $4,866,900, up 7.57%. Buyer addresses dropped to 3,467, while wash volume fell 30.26% to $40,445. Ethereum, Polygon and Bitcoin together accounted for around 71.7% of global NFT sales.

Fourth-placed BNB Chain posted $2,391,692, down 28.76%, with buyers falling 66.72% to 17,198. Immutable followed at $2,298,908, a 16.67% decline.

Base sales climbed 31.11% to $1,929,455, although buyer addresses fell 75.65% to 755. Its separately recorded wash volume reached $4.80 million. Solana ranked seventh with $1,322,477, up 25.92%, as buyers dropped 80.04% to 14,235.

Earlier snapshots showed different weekly totals. As crypto.news previously reported, sales reached $32.05m on Nov. 7, following a $42.13m total on Oct. 31. The Oct. 17 snapshot recorded sales of $47.14m, when Bitcoin volume more than doubled.

Courtyard tops weekly NFT collection sales

Courtyard retained first place among collections with $7,075,354 in sales, down 11.69%. The Polygon-based collection recorded 135,660 transactions, a 5.95% decline, with 18,273 buyers and 14,291 sellers.

Its sales represented approximately 21% of the global total and 85.7% of Polygon’s volume. Courtyard’s digital collectibles are backed by physical cards, which the company says remain redeemable from its US vault.

Bitcoin’s $X@AI BRC-20 NFTs ranked second with $2,066,481, up 245.71%. Just four transactions generated that total, involving four buyer and four seller addresses.

Bored Ape Yacht Club followed with $1,747,742, a 54.49% gain. Transactions rose 57.14% to 132, while buyers climbed 23.44% to 79.

Guild of Guardians Heroes took fourth place with $1,218,407 on Immutable-zk, down 18.71%, across 914 transactions involving 546 buyers.

CryptoPunks ranked fifth at $841,533, down 17.63%, from 13 transactions. Gods Unchained Cards followed with $657,117, down 12.90%, while Base-based Anome OG NFT recorded $593,117, up 13.69%.

Pudgy Penguins finished eighth with $588,280, a 71.07% gain. Transactions rose 93.15% to 141, with buyers climbing 40% to 70.

Bitcoin transactions lead high-value NFT sales

Two $X@AI BRC-20 sales occupied the top positions and together accounted for nearly all the collection’s weekly volume.

CryptoSlam seven-day NFT sales rankings showing two $X@AI BRC-20 sales worth $1.58 million and $485,336, followed by Alchemix V3 Transmuter #233, Unis
Two Bitcoin NFTs led the week’s largest sales. Source: CryptoSlam

The largest, an inscription beginning #39ceeef1, fetched $1,581,109.67 in 23.0105 BTC approximately one day before capture. That transaction alone represented roughly 76.5% of the collection’s sales.

A second inscription, beginning #8c2c2583, sold for $485,335.87 in 6.4753 BTC around five days before capture.

Ethereum’s Alchemix V3 Transmuter #233 ranked third at $133,459.73, settled in 133,459.7344 USDC roughly five days before capture.

Uniswap V3 Positions NFT-V1 #713 followed at $125,687.06, paid in 125,687.0625 USDC on Ethereum approximately four days before capture.

CryptoPunks #4314 completed the top five with a $112,699.13 sale, settled in 55 ETH on Ethereum roughly three days before capture.

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Source: crypto.newsOriginal URL: crypto.news