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Chainalysis report finds most NFT wash traders unprofitable

Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Chainalysis report finds most NFT wash traders unprofitable

Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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