Chainalysis: Retailers account for 80% of NFT trade in 2021 - Aliens: AI Crypto News & Markets Updates

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Chainalysis: Retailers account for 80% of NFT trade in 2021

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BTC Peers

Tue, Dec 07, 2021

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The majority of NFT transactions so far this year have come from retail customers, according to Chainalysis.

According to Chainalysis, more than 80% of all nonfungible token (NFT) transactions were valued at less than $10,000 in 2021.

While retail transactions account for over 80% of all NFT transactions on any one day in 2021, there was an increase in collector-sized transactions from about 6% in March to around 19% as of the 31st of October.

However, since March, collectors and institutions have accounted for the vast majority of NFT dollar-denominated transfer traffic.

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