Cryptocurrencies, blockchain, NFT and new trends

Whale sells 1,010 NFTs in 48 hours: Nifty Newsletter, Feb. 22–28

In this week’s newsletter, read about how a whale sold 1,010 nonfungible tokens (NFTs) within 48 hours. The Blur NFT marketplace captured the space’s attention, and the manuscript that coined the term “metaverse” is being auctioned by Sotheby’s. In other news, find out users’ motivations behind their NFT purchases, and don’t forget this week’s Nifty News, featuring a Twitch streamer earning 1,000 ETH in exchange for the Golden Key NFT.

NFT whale Jeffrey Hwang, also known as Machi Big Brother, sold 1,010 NFTs within 48 hours. The NFTs were exchanged for 11,680 Ether (ETH), worth around $18.6 million at the time of the sale. Some NFTs sold were from prominent NFT collections like Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC) and Otherdeed NFTs.

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