Cryptopunk Sales and Traders

    CryptoPunks launched as a fixed set of 10,000 items in mid-2017 and became one of the inspirations for the ERC-721 standard. They have been featured in places like The New York Times, Christie’s of London, Art|Basel Miami, and The PBS NewsHour.

    Question

    • Which 10 wallets are the most successful Cryptopunk traders? Successful could either mean the wallet has accumulated a large balance from sales or has accumulated a large number of Punks.

    Methodology

    In this dashboard, successful cryptopunk traders are found based on both criteria as stated in the question.

    In the following, we show some statistics and figures about the volume and number of sales of Cryptopunks NFTs over time. Then we show the top 10 traders based on the number of NFTs they hold and the profit they get from it. Finally, we examine whether there is a correlation between the number of NFTs held or the resulting profit with the length of time the NFTs are held by traders.

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    CryptoPunks launched in mid-2017 and got one of most important collections of Ethreum. Cryptopunc became one of the inspirations for the ERC721 standard for create amd share NFT.

    for these Article i research for most successful Cryptopunk traders. as start point first i want to show a chart about sale count of Cryptopunk and daily sell value. And next show Total Unique number of unique sold Cryptopunc.

    as data shows about half of punks sold and other in wallet of users and seems they don’t want to sell it. as data show for sale Volume and trades count

    larva labs was developer team cryptopunk. but Yuga Labs acquires CryptoPunks. larva labs was first marketplace for Cryptopunks

    This Chart is one of important charts that has false/posetive info for NFT seller and buyer. because if unique seller has much more than Buyers, shows some one or some group are buying NFT and clean market from seller and this action usually increase floor price of NFT . but the sell maybe have another story. in some scenario maybe owner of NFT dump and sell all NFT that have. so this chart should be used with other data and not used it self alone. But in this chart we clearly see unique buyer and seller

    this chart show top 10 Cryptopunk holders. this 10 wallets have about 39% of Cryptopunks and in top of them Yoga Labs wallet has more than 15% of Cryptopunks,also third wallet with 601 punks is for Wrapped Cryptopunks (WPUNKS)

    Conclusion

    • Only half of punks sold and other in wallet of users and seems they don’t want to sell it.
    • Top 10 wallets have about 39% of Cryptopunks and in top of them Yoga Labs wallet has more than 15% of Cryptopunks.
    • All of top profitable traders earn more than 10M $ and best trader earn about 50M $.
    • More than half of wallets losses their money but if you accept the risk losing money, Cryptopank can have good reward.
    • Traders suffered the most losses when they kept their NFTs for only 3 to 4 days and it can be said that the longer the traders kept their NFT, the more likely their profit would be.

    Profit Distribution

    after finding top wallet with most of profit, it is time to find out how is state of wallets get Cryptopunks and sold them. as charts show more than half of wallets are in loss. notable part of this chart was range profit with 100K - 1M . this range has second place in distribution and beside risk lossing money, Cryptopank can have good reward (NFA).

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    one question: what is profit? i define profit as gap between buy price and sell price. if this gap is bigger than 0 named as profit and if this gap lower than 0 this is loss.

    for NFT also we can define (sell price) - (buy price). as chart show all of top profitable traders earn more than 10M $ and best trader earn about 50M $.

    Number of Held Distribution

    this chart for me is mind bellowing. Before run query and see result i thing 1 or 2 holders should be biggest group but as i see users with 3,4 Cryptopunk has much higher popularity from 1 or 2. also thing chart shows wallet with lower than 5 NFT has most NFTs

    This chart show us the correlation between length of time and profit of traders.

    • According to this chart, it can be said that traders suffered the most losses when they kept their NFTs for only 3 to 4 days.
    • It can be said that the longer the traders kept their NFT, the more likely their profit would be.