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Retail buyers made up more than 80% of NFT transactions in 2021: Chainalysis

Published 12/07/2021, 01:33 AM
Updated 12/07/2021, 03:20 AM

More than 80% of all nonfungible token (NFT) transactions were worth less than $10,000 in 2021 according to Chainalysis which categorized them as "retail" in recent research.

A Dec. 6 report from blockchain analytics firm Chainalysis titled “The 2021 NFT Market Explained” detailed NFT transaction trends throughout 2021. Researchers at Chainalysis studied on-chain data between January and October 2021.

NFT transaction size share - Chainalysis
NFT transfer volume share - Chainalysis

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