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Winchman@852Web3 🇭🇰
Wick is pain, Beyond Bitcoin is noise. | Intern @852Web3 & Father @Pudgypenguins
Winchman@852Web3 🇭🇰 kirjasi uudelleen
🐳【Whales Opening Positions, Blue Chips Rally: Is NFT Summer Back?】
A mysterious whale and several large blue-chip orders have brought the NFT market back to life after a long absence.
📈 Blue-chip projects are collectively rallying, and market enthusiasm is warming up.
Recently, the NFT market has welcomed a long-awaited surge. According to NFTGo data, the total market value of NFTs has surpassed $6 billion, with trading volume increasing by nearly 40% within 24 hours. Several blue-chip projects such as Moonbirds, Azuki, BAYC, and Pudgy Penguins have all seen increases, with Moonbirds' floor price rising over 30% in 24 hours and trading volume doubling.
🧹 The mysterious whale "0x1bb" is making significant purchases, igniting market sentiment.
One of the key triggers for the NFT revival is the mysterious whale starting with the address "0x1bb," which has spent approximately $8.6 million in a short period to acquire 46 CryptoPunks and 30 Chromie Squiggles. On-chain data shows that this whale has chosen to focus on blue-chip projects and has not ventured into higher-risk new projects. This "blue-chip first" investment style is seen as a possible signal of institutional funds tentatively returning.
🔄 Bitcoin is fluctuating; is capital flowing into high-risk assets?
Recently, Bitcoin prices have maintained high-level fluctuations, with observations indicating that market capital is gradually rotating towards high-volatility, high-leverage asset classes, such as NFTs. Some traders believe this may indicate a resurgence in risk appetite, and the NFT market could once again become a focal point for capital.
🔍 Established projects are simultaneously releasing new moves, and fundamentals are regaining attention.
In addition to the increase in trading enthusiasm, established NFT projects are also actively releasing new initiatives: Azuki is reportedly preparing multiple offline events, Moonbirds is focusing on ecological construction and community restructuring, and Pudgy Penguins continues to expand into the Asian market and strengthen its brand IP. This combination of "fundamental-driven + whale purchases" may be driving the market to reassess the potential value of blue-chip projects.
🧭 Is NFT summer back?
With blue chips leading the rise, capital tentatively returning, and projects moving in sync, everything feels familiar. However, compared to the bubble period of 2021, this market revival shows more rationality and caution.
📌 Is this wave of revival just another surface prosperity under short-term capital speculation, or is it the prelude to a new cycle?
Feel free to leave your thoughts in the comments below 👇

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