The NFT market has rapidly pulled back with a broad crypto celloff, with bitcoin falling to $ 96,000 and atherium tambling is $ 2,600.
The latest data suggests that the overall Crypto Market Cap of $ 3.5 trillion of the previous week has been contracted by $ 3.13 trillion.
As Cryptosalam Data, NFT markets have cooled this week as prices and trading activity have fallen. The total sales volume rose to $ 119.5 million – 33% drop from last week activity.
Market data shows the ongoing pullback in trading:
- NFT sales quantity is $ 137.9 million to $ 119.5 million
- Wash trading on Ethereum (Eth) declined by 58.47% to $ 23.7 million
- Total NFT transactions declined, with most major collections to see low activity
Network activity shows mixed results
Despite the decline of atherium 38.43%, there is a leading series in sales with $ 62.6 million. The network noticed the buyer number 71.26% to 16,852, while wash trading declined to $ 23.7 million.
The mythos chain moved second in sales with $ 13.9 million, growing 4.66%. Solan (Sol) fell 32.56%to third with $ 11.0 million.
Polygon (pole) and bitcoin (BTC) scored a top five with $ 8.1 million and $ 6.7 million respectively, with a fall of 71.31% with bitcoin.
![NFT sales plmet 33% to $ 119.5m, Pudi Penguin still in the lead - 1](https://crypto.news/app/uploads/2025/02/Screenshot-2025-02-08-at-2.24.55 PM-1024x454.png)
Pudi penguins maintain leads
Pudi Penguin maintained its lead despite sales of $ 9.1 million, despite sales. The collection saw a stable buyer interest with 172 participants, although the transaction fell 2.07%.
Dmarmet finished second with $ 8.7 million, range 7.98% and holding high volume with 322,241 transactions. The courtyard strengthened its position in third place with $ 7.3 million, rose 25.78% and attracted 10,935 buyers.
Cryptopank fell to fourth position with $ 5.2 million below 30.01%, while Azuki fell to fifth position with $ 5 million after seeing a reduction of 79.17% in sales.
This week is included in remarkable sales:
- Cryptopank #8868: $ 558,008 (206 Ath)
- Autoglifs #320: $ 309,450 (100 WETH)
- Autoglifs #491: $ 267,998 (100 WEth)
- Cryptopank #7585: $ 242,639 (85 Ath)
- Autoglifs #331: $ 235,343 (87.0107 WEth)