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NFT Trade Profits vs. Losses

We can see that 8.257 million NFT traders are profitable, while 8.017 million are not; this indicates that slightly more than half of NFT traders are profitable.
Also, users have made an average profit of 1.235 $SOL and average loss of -1.098 $SOL.
Using the weekly net profit, most of the weeks are profitable, although there isn't really a constant pattern over time. Moving on to the weekly total profitable and non-profitable NFT trades, we can see that although the number of total trades has increased over time, the ratio of profitable to non-profitable trades has essentially remained the same.

The Most Profitable NFT Traders’ Profits vs. Losses

We can see that the top 10 most successful traders generated a combined 473.736 trades with profit.
Also, we see that two traders stand out above the others, earning 42.28k and 43.78k sol, while most of the remaining traders have earned between 5,000 and 8,000 sol.
Moreover, we can infer that most of the time they make trades, they are making money. Furthermore, it appears that the majority of their gains took place between October 2022 and early January 2023.
Finally, we can observe that they have a considerably larger percentage of profitable trades than typical users, as would be expected. But, their percentage of profitable trades has been declining.

We can observe that the top three projects among the top 50 most profitable NFT traders by volume are ABC, DeGods, and Solana Monkey Business.
we can see the weekly profit for these top 10 projects over time.
The average period between buying and selling NFTs from these individuals is 8.5 hours.
The most common time range for users to flip their NFTs is less than 1 day.

The data reveals that the number of swaps on Solana DEXs has increased significantly since the beginning of 2023, with Jupiter having the leading share. This means that traders seeking decentralized exchange solutions may find the Solana DEXs to be a competitive alternative.
Additionally, the data reveals that greatest share of swaps by top swappers used Jupiter DEX, while, Raydium has the leading in the case of the volume of swaps.

We can see that the top 50 most profitable traders above.
The average profit volume is 167$, while the average loss volume is -823$. shows that most profitable users have lost more money in average compared to their profit.

We will try to create a dashboard that tracks the most profitable traders on Solana, both in terms of token swaps and with NFTs, using parameters to help define who falls under the category of "most profitable" and over what timeframe.
Also, we will try to understand what "smart money" has been doing on Solana over time, whether they are active traders or hold positions for days at a time, what projects have yielded the most profit for Solana traders, and whether there are any indicators of what their next trades or strategies will be.

NFT Trades

Token Swaps

8.257 million NFT traders are profitable, while 8.017 million are not. Users have lost -1.098 SOL and made 1.235 SOL. Most weeks are successful using weekly net profit, but there is no pattern. The total weekly profitable and non-profitable NFT deals show that while the number of trades has increased, the ratio of profitable to non-profitable trades has remained the same.
The top 10 traders made 473.736 profitable transactions. Two merchants got 42.28 and 43.78 sol, while most others gained between 5,000 and 8,000 sol. We can also assume they profit from most trades. Most of their gains occurred between October 2022 and early January 2023. As expected, they make more profitable deals than average users. However, their profitable deals are decreasing.
ABC, DeGods, and Solana Monkey Business are three of the top 50 most profitable NFT traders by volume. These top 10 projects' weekly profits are visible. These individuals sell NFTs in 8.5 hours on average. Flipping NFTs usually takes less than a day.
Above are the 50 most lucrative traders. Profit volume averages 167$, while loss volume averages -823$.reveals that most profitable users lose more than they make.
Since 2023, Solana DEX swaps have intensified, with Jupiter leading the way. Solana DEXs may be appealing to decentralized exchange traders. The top swappers used Jupiter DEX for the most trades, but Raydium led in swap volume.