Ethereum NFT Trading Volume Falls By 70% in June

The total volume of Ethereum NFT trades has declined by 55% in the past month, from 1.3 million ETH to just 584,000 ETH, according to Nansen data. That’s a drop from just under $2.6 billion to about $672 million, which is roughly a 70% decrease when valued in USD. Ethereum’s price has fallen about 43% in the past month. “Blue chip” NFT prices haven’t risen to compensate, however, meaning less money is changing hands overall.

Source: Ethereum NFT Trading Volume Falls By 70% in June—But Number of Sales Steady – Decrypt

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