
The presence of a "massive out of the money sell wall" in previously illiquid "Strategy" NFT projects suggests significant downward pressure. This indicates that potential large buyers ("whales") may be deterred, making it a less attractive entry point for these specific NFTs. Investors should exercise caution and be aware of potential price depreciation due to increased supply.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.