📈 Market Volume Up, But Users Vanish — What’s Really Happening in NFTs?
The NFT market just did something unexpected — total volume jumped by 20.67% this week, hitting $122.6 million.
Sounds bullish, right?
But here’s the twist: while money is flowing in, people are quietly leaving. According to PANews:
👤 Buyers dropped by 89.08%, down to 88,157
🏷️ Sellers fell by 82.62%, now only 56,817
🔁 Meanwhile, total transactions slightly increased by 1.63%, reaching 1,357,999
So who’s trading? And what does this mean for the future of NFTs?
Let’s dive deep into this surprising shift.
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💼 Whales and Bots Taking Over?
Retail activity seems to be fading, but volume is still rising, which likely means one thing:
Whales and automated AI-driven bots are back in the game.
Fewer people, more high-value trades — that’s classic whale behavior. And with AI tools becoming more common in NFT flipping, a small number of smart players might be dominating the action.
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👑 Ethereum Reclaims Its NFT Throne
The biggest winner this week? Ethereum.
🚀 ETH NFT volume skyrocketed 133.36% to hit $50 million
Top-tier collections like CryptoPunks, Bored Ape Yacht Club, and Azuki likely drove this surge
Ethereum’s reputation and infrastructure are proving to be unbeatable when it comes to high-end NFT trading
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₿ Bitcoin NFTs Heating Up
Not far behind, Bitcoin’s NFT ecosystem is quietly becoming a serious player:
📈 Volume on Bitcoin jumped 50.12% to $15.5 million
The rise of Ordinals and Runes has added real firepower to the BTC NFT narrative
Once ignored for NFTs, Bitcoin is now seen as an emerging NFT powerhouse
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🟣 Polygon and Mythos Chain Slip Behind
While Ethereum and Bitcoin shine, some other networks are losing ground:
❌ Polygon NFT volume fell by 41.86%, now at $14.6 million
⚠️ Mythos Chain also slipped slightly, down 2.43% to $14 million
This shows that not all chains are benefiting from the NFT rebound, and competition remains fierce.
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📊 NFT Market Snapshot (Weekly Change):
Blockchain Volume Change
Ethereum $50M 🔼 +133.36%
Bitcoin $15.5M 🔼 +50.12%
Polygon $14.6M 🔽 -41.86%
Mythos Chain $14M 🔽 -2.43%
Total Market $122.6M 🔼 +20.67%
Buyers 88,157 🔽 -89.08%
Sellers 56,817 🔽 -82.62%
Transactions 1,357,999 🔼 +1.63%
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🔮 What Does This Mean for the Future?
The data sends mixed signals:
✅ Volume is strong — liquidity is returning
❌ Users are down — less retail involvement
✅ Ethereum and Bitcoin are leading — blue-chip chains are in control
❌ Polygon and others are struggling — multi-chain NFT hype is cooling
This could either be:
1. A whale-led pump before a bigger NFT bull run
2. Or a temporary surge with low community support
Either way, one thing is clear: NFTs aren’t dead — they’re evolving.
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🎯 Final Thoughts: Is This the Silent Return of the NFT Bull Market?
We’re entering a new phase of NFTs — no longer just about JPEGs, but about utility, gaming assets, digital identities, and AI-powered trading.
If you’re a collector, investor, or builder, watch Ethereum and Bitcoin closely. These two chains are reclaiming dominance fast.
Retail might be sleeping, but the smart money isn’t. 📊🔥
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🧠 Written by: Noob to Pro Trader
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