Blur Airdrop stirs up the NFT market: volume surges by 229%, price differences create arbitrage opportunities

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Data Perspective: The Blur Trading War Triggers Changes in the NFT Market

Recently, the airdrop event of the NFT trading platform Blur has brought significant stimulus to the market. Data shows that the average daily trading volume of 15 major trading platforms increased by 229% in the past week, and the number of trading addresses rose by 19.46%. Blur's trading volume surged by 467%, accounting for 79.46% of the total trading volume, making it the absolute leader in the market.

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, and high-scoring users currently estimate revenue to be negative

Blur has innovatively introduced a Bidding mechanism that encourages bids close to the floor price. Analysis shows that the bidding depth of top projects is mainly concentrated in the range of the floor price and 1% above the floor price, while popular projects are concentrated in the range of 5% below the floor price. Among the top 100 projects by trading volume on Blur, the highest bids are, on average, 0.72% away from the floor price.

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, and high-scoring users currently estimate negative revenue

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, and high-scoring users' current estimated revenue is negative

Compared to OpenSea, the floor price of the same projects on Blur is on average 4.97% lower. Especially for top projects like BAYC and Doodles, the floor prices on Blur are 9.98% and 6.51% lower, respectively. This also explains why the bidding depth for these projects on Blur is concentrated in the range above the floor price.

Data Analysis Blur Trading Battle: Floor Price 5% Lower than Opensea, High-Score Users Currently Estimated Revenue is Negative

Data Analysis Blur Trading War: The floor price is 5% lower than Opensea, and high-scoring users currently estimate negative revenue

The trading strategies of high-point users show differentiation. Some users place bids frequently and close to the floor price, while others bid less often but significantly below the floor price. Currently, the average investment cost for 10 high-point users has reached $1.7869 million, but the current valuation of the NFTs held is below the cost, with an average estimated loss of $144,900.

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, and high-scoring users currently have an estimated revenue of negative

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, and high scoring users' current estimated revenue is negative

Data Analysis Blur Trading Battle: Floor price is 5% lower than Opensea, high-scoring users currently estimated revenue is negative

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, and high-scoring users currently have an estimated revenue of negative

Data Analysis Blur Trading Battle: Floor Price is 5% Lower than Opensea, High Scoring Users' Current Estimated Revenue is Negative

Data Analysis Blur Trading Battle: Floor price is 5% lower than Opensea, high-scoring users' current estimated revenue is negative

Data Analysis Blur Trading Battle: Floor price is 5% lower than Opensea, high-score users currently estimate revenue to be negative

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, and high-scoring users currently estimate negative revenue

Data Analysis Blur Trading War: The floor price is 5% lower than Opensea, and high-scoring users currently estimate negative revenue

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, high-scoring users' current estimated revenue is negative

Data Analysis Blur Trading Battle: The floor price is 5% lower than Opensea, high-scoring users' current estimated revenue is negative

Overall, Blur's innovative mechanism has reshaped the NFT trading market landscape, but it has also brought new risks and challenges. Participants need to weigh the acquisition of points against the cost of funds and pay attention to potential downward price pressure.

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OffchainWinnervip
· 5h ago
The Airdrop trap has come again, right?
View OriginalReply0
TokenVelocityTraumavip
· 5h ago
Those who lost money after taking advantage of the Airdrop are suckers.
View OriginalReply0
CryptoPhoenixvip
· 5h ago
Another round of bull and bear cycles... waiting for rebirth [擦汗]
View OriginalReply0
SoliditySlayervip
· 5h ago
The one who drifts is the true love.
View OriginalReply0
AlphaLeakervip
· 5h ago
Playing with airdrops is like playing with fire, you can lose a lot.
View OriginalReply0
SchrodingerAirdropvip
· 5h ago
Airdrop play people for suckers again?
View OriginalReply0
LiquidatedTwicevip
· 5h ago
The brick-moving party is going to be Rekt again.
View OriginalReply0
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