Merry Christmas! Crypto markets were quiet for the holidays, with much lower turnover across the board. Bitcoin is stuck at $16.8k on $10B of volume, and Ethereum is at $1218 on $2B of volume. The FBI is now looking for Sam Trabucco, the co-CEO of Alameda Research, after Caroline Ellison and Gary Wang sing like canary birds for the feds — so much for retirement.
NFT volumes hover around $13M on the day, with ETH-NFTs at $10M and Solana-NFTs at $2M. Cirrus is on Twitter noting how the notorious NFT trader ‘Franklin’ has been playing with Blur bots/pools during the quiet period to take advantage and pump bids to dump Apes into them across ~20 trades. With that said, BAYC, MAYC, and Otherdeed are the top 3 collections by volume, with a combined $3M in turnover. Other projects saw lower interest on Xmas day.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard