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More than 30 Billion US dollars of NFT Trading Volume comes from Wash Trading

 

According to analysis by Dragonfly data scientist, hildobby wash trading accounts for more than 45% of NFT trading volume exceeding 30 billion US dollars. In mid-January this year, wash trade peaked at over 80%. This activity on OpenSea and CryptoPunks was low in terms of trade count and volume.

 

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