This Week in NFTs: BendDAO Sees Azuki NFTs ATH and Reddit Collectible Avatars Skyrocket

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Let’s begin with the Ethereum NFT market quantity, which has been on a roll currently. We’re seeing a each day quantity of $30.6M, and even touched a excessive of $52.7M for the reason that SVB’s collapse on March tenth, a pattern that continues for the reason that launch of $BLUR.

Now, let’s discuss concerning the BendDAO. The BendDAO now holds 108K ETH (~$188M) in whole worth locked, after seeing the largest change in TVL previously 10 months, $37M in a single day.

When it comes to Azuki NFTs, the BendDAO is now holding an all-time excessive with 416 NFTs in its collateral. They’ve had some vital actions by way of Azuki holdings, with two massive deposits on March thirteenth and March sixteenth (41 and 17 Azuki NFTs, respectively), in addition to two vital withdrawals on March tenth and March fifteenth (17 Azuki NFTs on each dates).

Now, let’s check out BendDAO’s prime 4 greatest holdings by way of whole assortment ETH worth: Bored Ape Yacht Membership, Mutant Ape Yacht Membership, Azuki, and Cryptopunks. They’re holding 32.6K ETH, 7.1K ETH, 6K ETH, and 6K ETH, respectively. Appears just like the BendDAO has some severe collectors in its neighborhood!

Lastly, let’s speak about Reddit Collectible Avatars. Their market cap has hit a powerful $124M, coming from 10,615,730 collectible avatars held by 7,180,572 holders.


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