a huge increase in transactions from “Punks OTC” in the past 30 days. The largest transaction during this period was for a CryptoPunks NFT worth 120 ETH .NFT OTC trading has also been gaining popularity in the NFT space recently. It allows buyers to acquire their selected NFTs for little or no fees. Other than this, NFT Finance protocols are also becoming attractive to holders and prospective buyers.
Coming back to CryptoPunks, the collection is currently heading the daily and weekly NFT sales volume charts. As per Crypto Slam, the daily chart has seen a 391% increase in sales amounting to $7.11 million. The recent surge on CryptoPunks is reflective of the overall growth of the NFT market in recent weeks. The crypto carnage in the second quarter has been difficult for the NFT market with prices falling in a free-fall.
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