
The Moonbirds NFT collection is experiencing a significant demand surge, with its floor price jumping over 65% in the last 24 hours to 1.29 ETH. The author notes that there is very little supply available for sale on the Wintermute OTC desk, a major crypto trading firm. This combination of a rapid price increase and low institutional liquidity suggests a potential supply squeeze and strong buying pressure.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol