The total number of sellers is 20.1k and the total number of buyers is 9.2k.

The total number of sellers is almost twice the total number of buyers.

The total sales volume is 10 and the average sales volume is 40

April 26th coincided with the launch of the Okay Bears NFT.

Most transactions took place on this day. Since that day, the number of transactions has dropped drastically. The number of sales transactions is more than purchases.

As shown in the chart opposite Cumulative number of transactions of sellers is more than buyers.

The cumulative number of sellers' transactions is 20k and the cumulative number of buyers' transactions is 14.1k

The difference of 6k between the transactions of buyers and sellers is increasing.

What Are Okay Bears?

Okay Bears are algorithmically-generated NFTs that were released in April 2022 on the Solana blockchain. With a total of 10,000 bears initially priced at 1.5 SOL each, the collection has taken over the Solana NFT market with an alluring culture shift that focuses on good vibes.

Method'

I analyze Okay Bears NFT in this dashboard.

I analyzed how much liquidity is flowing in and out of the project and what types of buyers and sellers are interacting with the project.

For this purpose, I used solana.core.dim_nft_metadata and solana.core.fact_nft_sales tables.

Based on this, I obtained the total and average sales volume and the total number of daily transactions of buyers and sellers.

In the next chart, we can see the drop in volume after the launch of the project.

The sales volume has decreased about 10 times compared to 3 months ago.

Perhaps this drop can be attributed to the decline of the crypto market and Bitcoin

In the opposite chart, the average sales volume is compared with the total sales volume, which is currently lower than the average volume.

From April 27 to May 16, the total volume was higher than the average sales volume, but after that, the total volume was below the average

Conclusion

After April 26, we have seen a decrease in the volume and number of NFT transactions.

The total sales volume is lower than the average sales volume.

The number of transactions of sellers is more than buyers.