Beanie
It’s one thing to round trip but he’s still up 26x on the BAYC and 5x on the CryptoPunk. But inst...
188 days ago•Beanie•beaniemaxi
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

The NFT market is likely entering its "final leg of bubble deflation" as holders who are still significantly up on assets like BAYC (26x) and CryptoPunk (5x) may soon cash out. This suggests a continued downward pressure on NFT prices, despite some holders hoping for a second bull market. Investors should be cautious of further declines in the NFT space.

Ask about this postAnswers are grounded in this post's content.
Tweet
About Beanie
Beanie

Beanie

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.