Method

For basic Metrics like buyer and sales volume, I used NFT tables in each blockchain.

Whales Definition: The top 100 wallets that spent more volume on NFTs are Whales in each network. So we have 100 wallets for FLow, 100 Wallets for Solana, and 100 Wallets for Ethereum as whales.

Old or New NFT: Flow NFT real data started on May 9th. So to compare fairly, I analyzed blockchains from May 9th until the current date.

For the last question, I did it in two ways. First, I compare three blockchains to find did whales buy from Old collections or new collections. Before 2022 is old, and after that is new.

Especially for Flow, Before June 2022 is Old and after that is New.

These charts show the total and cumulative daily unique NFT buyers on Flow, Ethereum, and Solana from May 9th, 2022. As you can see, Ethereum has the highest number of unique users. The second is Solana, and Three is Flow. Only one day Flow unique users was higher than Solana. On May 26th, Flow had 22K unique buyers, and Solana had 17K unique buyers.

According to the cumulative chart, Ethereum has the highest growth in comparison to Solana and Flow in Unique Buyers.

I divided the before-June and After June activities. 99.6% of Flow users bought NFTs from existing collections and less than 0.5% have bought new collections.

We know that I listed only 100 whales to track their activities. In Solana, All 100 whales bought an NFT from New Collections. Also, 79 Whales have bought an NFT from Old Collections. In Ethereum, 34 whales bought An NFT from new collections, and 96 Whales bought NFTs from old collections. Flow NFT just started. So all of them are new.

It seems Flow whales have an interest in Top Shot NFTs. 91% of Flow Whales purchased at least one NFT from the Topshot collection. 6.3% of Flow Whales were bought an NFT from the Allday collection. 1.5% were interested in UFC_nft and the rest of the other NFTs.

It seems whales in each blockchain don't like to hold an NFT for a long time. The average days of Holding an NFT in Ethereum is less than a day. On Solana is about 2 days and in FLow is about 3.5 days.

Almost most expensive NFTs and whales with large amounts of Dollars are in Ethereum Network. The below chart shows the daily volume in USD of three blockchains. Ethereum, with a huge difference, is in the first place. With an average of 50-60 sales on Ethereum, Whales made this volume.

Ethereum and Solana are much older than Flow in the NFT market. But Flow was successful to attract users. As you can see, The average daily volume from NFT sales is about 400-500K dollars in Flow. Ethereum has the highest volume in comparison to Solana and Flow.

Let's Back to the main question. I defined whales in the method area. These charts show the whale's activity in each Blockchain. Flow whales have the highest activity among the Solana and Ethereum. Each whale in Flow almost buys 20-30 NFTs per Day. Less than 50% of Solana and Ethereum whales bought an NFT each day.

You can see the Flow slope of whale activities how went up in the below cumulative chart.

The above diagram shows share of total buyer per blockchains.Ethereum has the largest share of buyers

• Ethereum : 53.7%
• Solana : 34.1
• Flow : 12.1%

From May 9th, 2022, Ethereum, with 53% of total NFT buyers is in the first place. Solana is in second place with 34% of unique buyers. Share of Flow from unique buyers is about 12%.

Conclusion

Whales:

• Flow: Most active whales in comparison to Solana and Ethereum

• Solana: Most reactive whales.

• Ethereum: fewer activities but a large number of dollars spent.

All Whales in three blockchains don't like to hold an NFT for the long term. Most of them are interested in New NFTs, but if they see an opportunity, They would buy that NFTs.