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Nansen: About $2.7 Billion in Ethereum Was Used to Mint NFTs in the First Half of the Year

By WebsCryptoAugust 4, 20221 Min Read
Nansen: About $2.7 Billion in Ethereum Was Used to Mint NFTs in the First Half of the Year
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In a published analysis report on NFT minting in the first half of 2022, Nansen said that market participants spent 963,227 ETH (about $2.7 billion) on the Ethereum blockchain to mint NFTs, of which 50.7 % of ETH raised funds continued to remain in NFT projects, and 45.7% of ETH raised funds were transferred to non-physical wallets.

The 5 top NFT series raised 81,364 ETH through open minting, accounting for 8.4% of the total ETH spent on NFT minting in the first half of the year.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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