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OpenSea’s trading volume is down 94% since hitting an all-time high of $4.86 billion in Jan. 2022. Data from Dune Analytics also shows a decline of about 86% in the ETH trading volume since the beginning of the year.
Transaction data also shows a sharp decline in NFT transactions on the secondary marketplace from over $406 million in May 2022 to $7.63 million, a drop of 98%.
More info: https://bit.ly/3FzbplW