Due to a lack of knowledge and data analysis skills in the NFT field, newbie NFT investors always face risks, which may even result in economic losses. However, if you follow experienced NFT degens, you are likely to achieve completely different results. GoAlerts provides a similar experience to copy trading in the NFT field, allowing users to track real-time information and seize opportunities.
According to NFTGo.io, in the NFT market, there are 288 whales holding a total value of 686.33K ETH in NFTs, accounting for 7.44% of the overall market value of 9.22 million ETH. These whales hold a large number of NFTs and are typically market pioneers, influencing market sentiment.
After researching these profit-making whales, we have summarized six strategies that detail how whales profit in bear markets. These strategies include strategic bulk buying and buying during price drops, bottom-fishing undervalued NFTs, strategic selection and diversification, exploring multiple platforms, bulk minting NFTs, and prioritizing project features. Therefore, we chose to analyze 19 trader addresses and studied potential trading cases that could be helpful to users.
Pranksy.eth often mints NFTs in batches to ensure portfolio diversification.
In the past three months, pranksy.eth has minted approximately 1.1K NFTs, with 121 of them being Ether Avatar, and the rest coming from lesser-known projects. In addition, they have a wide variety of collections, totaling 331, with 90% being mid- to small-cap NFTs.
Furthermore, they are skilled at reducing the volatility risk of individual projects and have a higher chance of selecting high-value assets. Through these strategies, pranksy.eth has generated a total profit of 7.23K ETH while maintaining a balanced portfolio.
Chungster.eth has a unique insight in identifying potential NFT projects, displaying a keen understanding of the NFT market. Chungster.eth's trading style remains consistent with the ever-changing landscape of the NFT market, including popular collections such as Opepen, Ether Avatar, and Azuki Elementals.
Chungster.eth buys and sells on multiple platforms, including Blur and OpenSea, and even explores more niche methods like using OpenSea Pro via Blur or using LooksRare Aggregator via OpenSea. This platform exploration amplifies opportunities and expands the potential for profitable trades.
Jklaub.eth employs a risk-weighted strategy, bulk trading, and minting lesser-known NFT collections.
When weighing profits and losses, he strategically sells some assets first while waiting for returns from other projects in his portfolio. For example, he bought 3 Wooonen at a price of 0.0185 ETH each on July 2nd and then sold them for 0.0155 ETH and 0.0222 ETH on July 3rd.
This method both reflects diversity and market sensitivity, helping him achieve a total profit of 474.53 ETH in the volatile NFT market.
Drewaustin.eth has achieved a 20-fold profit from various project series such as FLUF World.
It is worth noting that he has demonstrated keen judgment in both well-known and new series, such as timely investing in the Opepen series since May and continuously gaining returns.
As a savvy investor, Drewaustin.eth understands the benefits of using multiple platforms and strategically selects projects with potential but are not too prominent.
Nyax.eth adopts a fast-paced, volume-driven trading strategy to accurately identify and quickly flip NFTs for modest profits during price drops.
From the trading methods of series such as OCB, Milady Maker, and Sproto Gremlin, it is evident that he is very familiar with the characteristics and market value of NFTs. However, for popular series like BEANZ, he chooses to purchase in bulk and quickly drive up the prices to achieve a quick turnover, showcasing his excellent market manipulation skills.
One of Nakiri.eth's strategies is continuously buying and selling Otherdeed for Otherside. He made 5 times the profit with just 6.9 ETH.
Furthermore, Nakiri.eth flipped Milady Maker and earned 3 times the profit. The average cost was 3.13 ETH, while the average selling price was 3.53 ETH.
Nakiri.eth not only owns well-known series like Azuki, DeGods, and MAYC, but also jumps on the meme trend by acquiring profit-oriented series like Fatzuki through bulk trading.
Coodi.eth uses high-frequency trading strategies and focuses on micro collections and bulk trading.
Usually, he only selects projects with low profits. He has successfully flipped Killer GF, Wolf Game, and Karafuru, bringing him a total profit of over 15 ETH.
Although Coodi.eth only earned 17.64 ETH, he is one of the cases that discovers big opportunities with a small budget.
Samuelcardillo.eth is the Chief Technology Officer of RTFKT, and his Twitter is @CardilloSamuel.
It is worth noting that a large portion of samuelcardillo.eth's portfolio is in RTFKT, accounting for about half. If you are also a holder of RTFKT, tracking this address can keep you updated on the latest developments and data changes of RTFKT, allowing you to have a better understanding of the project and gain more opportunities.
Died.eth buys famous series in bulk when prices drop, holds them until prices rise, and then sells them in bulk to make a profit.
Using Azuki Elemental Beans as an example, on July 2nd, he purchased them in bulk at around 1.3 ETH each and sold them for about 1.65 ETH on July 9th;
For Otherdeed for Otherside, he made a profit of 295.51 ETH. The average cost was 35.4 ETH, and the selling price was 50.95 ETH.
In addition, died.eth also trades on various platforms, including LooksRare, OpenSea, and Blur.
This transaction address skillfully employs strategies such as bulk buying, bottom fishing, and diversification.
He bought a large number of similar NFTs, such as purchasing 8 DeGods, 6 Azuki, and 8 MAYC at the same time.
When bottom-fishing, this trader bought Fatzuki NFTs at a low price of 0.2 ETH and quickly sold them at a price of 0.3 ETH.
The trader's portfolio consists of only 4 projects, but their buying and selling activities cover more than 10 series. These NFTs mainly come from BAYC, MAYC, Azuki, and Azuki Elementals, but also include medium-sized projects such as Moonbirds, Milady, and Captainz.
Zymerce.eth adopts a long-term holding strategy, buying a large number of NFTs when prices fall and keeping them in his diversified collection series.
Currently, he owns 2730 NFTs from 51 series. He recently bought 15 Ether Avatars and 75 Ether Capsules.
In addition, the trading address is clearly a skilled player in the LOTM game, as evidenced by their large amount of minting of Otherdeed Expanded and Otherside Vessels. They respectively hold 757 Otherdeed Expanded and 729 Otherside Vessels.
The strategy adopted by Bored.eth is to closely follow popular topics and explore the potential of various NFT projects.
Opepen Edition is an example, as the investor has been continuously purchasing for two months, accumulating a large position of 751 Opepens and achieving a triple profit.
Their transactions include a large number of NFT projects such as Metropolis World Passport Official, Sappy Seal, and Nifty Portal, indicating that they have adopted a diversified investment strategy aimed at exploring treasures in the NFT field.
@franklinisbored is known for flipping NFTs, primarily trading BAYC and other Yuga Labs collections. Therefore, for Yuga Labs collectors, paying more attention to him can deepen their understanding of trading timing and capture dumping trends.
He has profited over 1K ETH from three collections. Firstly, BAYC with a profit of 2.55K ETH; secondly, Wrapped Cryptopunks with a profit of 1.78K ETH; and thirdly, Otherdeed for Otherside with a profit of 1.08K ETH.
We can also observe that most of his trades are done through Blur Blend.
Interestingly, currently @franklinisbored is buying heavily and selling less.
The trader @machibigbrother, also known for flipping NFTs, mainly focuses on BAYC, MAYC, Azuki, Azuki Elementals, Ether, and DeGods.
Most of the NFTs from this address are traded on Blur Blend and have entered the top five of the Blur Season 2 leaderboard.
Publicimage.eth focuses mainly on famous collections such as CryptoPunks, BAYC, and V 1 Punks.
In addition, he is also adept at taking advantage of market downturns. He also uses other trading addresses and frequently transfers NFTs to 0xbbaec56b725a0b9501a655d7d1b48555af637b70, while the original address does not hold any NFTs.
Using multiple addresses indicates that this investor has his own set of strategies, not only optimizing trading and asset management but perhaps also strengthening privacy and security.
flooringlab.eth is a major participant and whale in the NFT market, with a portfolio that includes 197 Azuki Elementals, 166 Azuki, 89 BAYC, 82 MAYC, and 35 Pudgy Penguins.
In the past three months, this investor has bought a total of 990 NFTs from various well-known collections such as Dinks, Azuki Elementals, Azuki, BAYC, and MAYC, and has only sold 92 NFTs.
Even during a bear market, he continues to acquire NFTs, indicating that his investment strategy is focused on long-term value growth.
The whale known as @BrandonKangFilm on Twitter holds 92 Otherside Vessels, 92 Otherdeed Expanded, 41 MAYC, and 31 BAYC.
He recently sold 17 BAYC, with prices exceeding 200 ETH, and the highest-priced BAYC #2342 sold for 888 ETH.
The address @dingalingts on Twitter is known as Azuki "Diamond Hands." He owns 121 Azuki, 245 Azuki Elementals, and 34 BEANZ.
Recently, this investor's focus has shifted to exploring emerging NFT projects. Over the past three months, he has minted 870 NFTs.
From these successful traders, it is not difficult to find the methods they often use, such as buying in large quantities when the price falls, strategically selling, operating on multiple platforms, minting NFTs in a targeted manner, and holding assets continuously in a bear market. If whales can discover opportunities in advance, then with the help of GoAlerts, both novice and experienced investors can track the real-time activities of these influential investors, predict market trends, and increase the probability of discovering potential opportunities in advance, thereby maximizing profits and minimizing risks in the volatile NFT market.
[Disclaimer] The market is risky, and investment should be cautious. This article does not constitute investment advice. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing on this basis is at their own risk.
