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10 Nov 2022

Reviews-NFT weekly analytics report: Is it fake liquidity?

    Analyzing TOP wallets by transactions, we found an interesting case:

    alt text

    It’s an awesome profit, isn't it?

    If we examine wallet address 0xfc82416000ba248684a4f7b9fbb56a17dbb72c3e on Etherscan, we will see that funds circulate around 3 wallets https://etherscan.io/tokentxns-nft?a=0xfc82416000ba248684a4f7b9fbb56a17dbb72c3e&p=1

    At the same time, the same funds form excellent indicators of liquidity and trading volume.

    Sources:

    https://nftbirdies.com/collection/dreadfulz/

    https://dreadfulz.com/

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