Solana - Smart Money NFT Traders
Description of work:
- In this Bounties we want to:
- Which wallets have made the most SOL off NFT mints and NFT trades since the start of the new year?
- 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"?
- Do you think you need to be a "whale" to do well trading SOL NFTs, or can anyone have success in this market?
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In the charts above you can see the top 10 NFT miners and traders in Solana
- Wallet
85xU8X8ApZu5J6dhCsaxHGvVGLGyncq1Fx5ffHUxuvgH
has the most MINTs followed by2AjESJhqgfTacCXeJWtxd2kriGkGmbynyD5iRsU56BLR
- Wallet
5RrNnGAdg5jv9PGQL2QRcChJoLkUhqVcBdVDraGcbFM2
has the most TRADES followed byHGEj9nJHdAWJKMHGGHRnhvb3i1XakELSRTn5B4otmAhU
2 ---> 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"?
- In this section we want to find whales:
- To find the whales, we need to look at the addresses that have the highest NFT purchases in Solana.
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According to the results, it is clear that:
- Wallet
5RrNnGAdg5jv9PGQL2QRcChJoLkUhqVcBdVDraGcbFM2
is the whale in the NFT market of Solana that has done the most trades - Most trades are done in Solana Monkey Business
- Wallet
5RrNnGAdg5jv9PGQL2QRcChJoLkUhqVcBdVDraGcbFM2
Solana Monkey Business has done most of its trading, which could be a sign of smart money