The network experienced an increase in wash trading, rising by 35.49% to over $34 million. Bitcoin saw a significant surge in active buyers, with over 18,000 recorded, marking an 804% increase from the previous week.
Wash trading on the network decreased by about 53%, settling at $20,030. In the realm of collections, Immutable’s Guild of Guardians Avatars emerged as the highest sales volume earner in the last seven days, with over $8.1 million generated from 1,614 transactions.
Following closely were Bitcoin’s PIZZA NFTs, which generated $7.3 million, showcasing a substantial 60% reduction from the previous week. This represented a remarkable 1022% increase in sales volume, with the funds coming from just 295 buyers.