Methodology

• Find NFT sales from solana.fact_nft_sales with filters

  where block_timestamp >= ' 2022-03-01'
    and marketplace ilike 'magic eden%'
    and succeeded = 'TRUE' 

• For Top 10 buying and selling, we look at each sale and find the corresponding buyer and seller using lag function

    lag(purchaser, 1) ignore nulls over (partition by mint order by block_timestamp asc) as seller,
    lag(sales_amount, 1) ignore nulls over (partition by mint order by block_timestamp asc) as bought_price

Which wallets have made the most SOL off NFT mints and NFT trades since the start of the new year?

• 62sCpmJ19EGssBYipDrAA1F6MU53JmqFBgfNKSQYvRSo has made the most profit in NFTs since Jan 01, 2022 with 4.75K $SOL in profit.
• Second Highest profit was by 74Ec2mtuawZ5g3TDvGX2zKQJm3fLTfJuVtfEPXouGBTf for 2.76K $SOL

What types of actions have led to being a profitable NFT trader on SOL? Is there a pattern behind their NFT trading strategy and can you define some of these traders as "smart money"?

• We look at a couple of action types.
  • NFTs bought
    • Seems like most profitable traders bought Okay Bears.
  • Total # of Sales
    • The Top most profit making wallet only had 77 sale transactions, which means it is is not necessary you need more trades to be profitable.
  • Number of days NFTs held
    • We also look at the average number of days NFT held, the most profitable wallet only held the NFTs for 19 days on an average.

Do you think you need to be a "whale" to do well trading SOL NFTs, or can anyone have success in this market?

• Not really, the top most profitable wallet only invested 8% or 381 $SOL, making a profit of 4755 $SOL.
• So you don'y have to be a whale really to be successful
• The top 2/3 wallets have investments < 500 $SOL.