Demand For Bored Ape NFTs Surge High
The Bored Ape NFT collection’s 24-hour trading volumes surged by 176%.
This sudden surge in demand hints at Whales accumulation at low prices.
The significant decrease in floor price in the last 24 hours attracted interest from whales.
According to data from NFTGo.io, whales acquired 5 out of 11 collections near the floor price of 109 ETH in the last 24 hours.
Crypto whale Jeffrey Huang bought the Bored Ape Yacht Club #7858 NFT at the highest price of 140 ETH, worth $423,433.41.
Overall, the BAYC and Mutant Ape Yacht Collection (MAYC) remained in the top 5 NFT collections in the last 24 hours as the collection continues to be in demand.