gm - November 28th, 2022

gm 👋

Ethereum is softer after a whale moved close to $100M worth of ETH out of Curve into Binance and started to unwind — it's reported this is the same wallet that had converted stETH into ETH from a Curve pool. Ethereum is -3.3% to $1174, while Bitcoin is down -1.8% to $16250. Bahama’s Attorney General made a statement today, saying their focus is all on FTX. Though, Crypto Twitter was quick to point out he had worked at Deltec (Tether’s bank) back in 2016–7, showing how circular everything is.

NFT volumes are under $15M today, with ETH-NFTs at $11M and Solana-NFTs at $12.5M. ImmutableX has $600k on the day. BAYC, MAYC, and Otherdeed take the top three spots with a combined $5M of turnover. BAKC has fallen out of favor with $400k turnover across 52 trades. CloneX jumps to fourth with $600k in volume.

Snapshot of Blue-Chip NFTs

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NFT headlines:

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