Detailed Explanation of 6 Profit Strategies for NFTs and 19 Trader Addresses Worth Noting
If the giant whale can spot opportunities in advance, then with the help of GoAlerts, both novice and experienced investors can track the real-time activities of these influential investors, predict market trends, and increase the chances of identifying potential opportunities early, thereby maximizing profits and minimizing risks in the turbulent NFT market.Author: NFTGo
Due to a lack of knowledge in the NFT field and data analysis skills, new NFT investors often face risks that can even lead to financial losses. However, following experienced NFT degens can yield vastly different results. GoAlerts provides a copy trading-like experience in the NFT space, allowing users to track real-time information and seize opportunities.
According to NFTGo.io, there are 288 whales in the NFT market holding NFTs worth a total of 686.33 K ETH, accounting for 7.44% of the overall market value of 9.22 million ETH. These whales hold a large number of NFTs and are often market pioneers, influencing market sentiment.
After studying these profitable whales, we summarized six strategies that detail how whales profit during bear markets. These strategies include strategic bulk buying and dip buying, bottom-fishing undervalued NFTs, strategic selection and diversification, multi-platform exploration, bulk minting of NFTs, and prioritizing project features. Therefore, we chose to analyze 19 trader addresses and studied trading cases that may be helpful to users.
Pranksy.eth often mints NFTs in batches to ensure diversification in his portfolio.
In the past three months, pranksy.eth has minted approximately 1.1 K NFTs, of which 121 are from Ether Avatar, with the rest coming from lesser-known projects. Additionally, his collection is diverse, totaling 331 NFTs, 90% of which are small to mid-cap NFTs.
At the same time, he is adept at reducing volatility risk for individual projects, with a high probability of selecting high-value assets. Through these strategies, pranksy.eth has generated a total profit of 7.23 K ETH while maintaining a balanced portfolio.
Chungster.eth has a keen eye for identifying potential NFT projects, demonstrating sharp insights into the NFT market. Chungster.eth's trading style aligns with the ever-changing NFT market landscape, including popular projects like Opepen, Ether Avatar, and Azuki Elementals.
Chungster.eth trades across multiple platforms, including Blur and OpenSea, and even employs more niche methods, such as using OpenSea Pro through Blur or using LooksRare Aggregator through OpenSea. This platform exploration amplifies opportunities and expands the range of potential profitable trades.
Jklaub.eth's strategy involves using a risk-assessed allocation strategy, bulk trading, and minting lesser-known NFT series.
When weighing profits and losses, he strategically sells some assets first while waiting for returns from other projects in his portfolio. For example, he bought 3 Wooonen at a price of 0.0185 ETH each on July 2, and then sold two at 0.0155 ETH and one at 0.0222 ETH on July 3.
This approach reflects both diversification and market sensitivity, successfully helping him achieve an overall profit of 474.53 ETH in the constantly fluctuating NFT market.
Drewaustin.eth has achieved a 20-fold profit from many project series, such as FLUF World.
Notably, he has demonstrated unique judgment on both well-known and new series, such as timely investing in the Opepen series starting in May and continuously reaping profits.
As a savvy investor, Drewaustin.eth understands the benefits of using multiple platforms and can strategically select promising yet less conspicuous projects.
Nyax.eth employs a fast-paced, volume-driven trading strategy, accurately identifying NFTs during price declines and quickly flipping them for small profits.
His trading methods for series like OCB, Milady Maker, and Sproto Gremlin indicate that he is very familiar with the characteristics and market value of NFTs. However, for popular series like BEANZ, he opts for bulk purchases to quickly drive up prices for faster turnover, showcasing his superb market maneuvering skills.
One of Nakiri.eth's strategies is to continuously buy and sell Otherdeed for Otherside. He achieved a 5-fold profit with just 6.9 ETH.
Additionally, Nakiri.eth flipped Milady Maker for a 3-fold profit, with an average cost of 3.13 ETH and an average selling price of 3.53 ETH.
Nakiri.eth not only holds well-known series like Azuki, DeGods, and MAYC but also capitalizes on meme trends by bulk trading short-term profit series like Fatzuki.
Coodi.eth employs a high-frequency trading strategy, focusing on micro-series and bulk trading.
Typically, he only selects projects with low profits, and he has successfully flipped Killer GF, Wolf Game, and Karafuru, yielding over 15 ETH in profits.
Although Coodi.eth has only made 17.64 ETH, he is one of the cases of discovering great opportunities with a small budget.
Samuelcardillo.eth is the CTO of RTFKT, and his Twitter is @CardilloSamuel.
Notably, a significant portion of samuelcardillo.eth's portfolio consists of RTFKT, accounting for about half. If you are also a holder of RTFKT, tracking this address can keep you updated on the latest developments and data changes regarding RTFKT, allowing for a better understanding of the project and more opportunities.
Died.eth bulk buys well-known series during price declines, holding them until prices rebound, then bulk selling for profit.
For example, with Azuki Elemental Beans, he bulk purchased at about 1.3 ETH each on July 2 and sold them for about 1.65 ETH on July 9;
For Otherdeed for Otherside, he made a profit of 295.51 ETH, with an average cost of 35.4 ETH and a selling price of 50.95 ETH.
Additionally, died.eth trades across various platforms, including LooksRare, OpenSea, and Blur.
This trading address skillfully employs strategies such as bulk buying, bottom-fishing, and diversification.
He makes large purchases of similar NFTs, such as buying 8 DeGods, 6 Azuki, and 8 MAYC simultaneously.
During bottom-fishing, this trader bought Fatzuki NFTs at a low price of 0.2 ETH and quickly sold them at 0.3 ETH.
The portfolio of this address contains only 4 projects, but the trader's buying and selling activities cover over 10 series. These NFTs mainly come from BAYC, MAYC, Azuki, and Azuki Elementals, but also include mid-sized projects like Moonbirds, Milady, and Captainz.
Zymerce.eth adopts a long-term holding strategy, bulk buying NFTs during price declines and retaining them in his diversified collection.
Currently, he owns 2730 NFTs from 51 series. Recently, he purchased 15 Ether Avatars and 75 Ether Capsules.
Moreover, this trading address is clearly a formidable player in the LOTM game, as evidenced by his large minting of Otherdeed Expanded and Otherside Vessels. He holds 757 Otherdeed Expanded and 729 Otherside Vessels.
Bored.eth's strategy is to closely follow trending topics and uncover the potential of various NFT projects.
Opepen Edition is an example, as this investor has been purchasing continuously for two months, accumulating a large holding of 751 Opepens to achieve a 3-fold profit.
His trades include a variety of NFT projects such as Metropolis World Passport Official, Sappy Seal, and Nifty Portal, indicating that he employs a diversified investment strategy aimed at uncovering treasures in the NFT space.
@franklinisbored is known for flipping NFTs, primarily trading BAYC and other Yuga Labs series. Therefore, for collectors of Yuga Labs series, closely following him can deepen their understanding of trading timing and dumping trends.
The three series he owns have all made profits exceeding 1 K ETH. First is BAYC, with a profit of 2.55 K ETH; second is Wrapped Cryptopunks, with a profit of 1.78 K ETH; and third is Otherdeed for Otherside, with a profit of 1.08 K ETH.
We can also see that most of his trades are conducted through Blur Blend.
Interestingly, at this stage, franklinisbored is still buying heavily, with fewer sales.
The trader with the Twitter handle @machibigbrother is also known for flipping NFTs. He mainly focuses on BAYC, MAYC, Azuki, Azuki Elementals, Ether, and DeGods.
Most of the NFTs from this address are traded on Blur Blend, and it has also entered the top five of the Blur Season 2 leaderboard.
Publicimage.eth primarily focuses on well-known series such as CryptoPunks, BAYC, and V 1 Punks.
Additionally, he is skilled at seizing opportunities during market downturns. He also uses other trading addresses for operations, frequently transferring NFTs to 0xbbaec56b725a0b9501a655d7d1b48555af637b70, while the original address holds no NFTs.
Using multiple addresses indicates that this investor has his own way of formulating strategies, optimizing trading and asset management, and possibly enhancing privacy and security.
flooringlab.eth is a major player and whale in the NFT market, with a portfolio that includes 197 Azuki Elementals, 166 Azuki, 89 BAYC, 82 MAYC, and 35 Pudgy Penguins.
In the past three months, this investor has purchased a total of 990 NFTs from well-known series such as Dinks, Azuki Elementals, Azuki, BAYC, and MAYC, while only selling 92 NFTs.
Even during bear markets, he continues to acquire NFTs, indicating that his investment strategy is focused on long-term value growth.
The whale with the Twitter handle @BrandonKangFilm holds 92 Otherside Vessels, 92 Otherdeed Expanded, 41 MAYC, and 31 BAYC.
Recently, he sold 17 BAYC for prices exceeding 200 ETH, with the highest-priced BAYC #2342 selling for 888 ETH.
The address with the Twitter handle @dingalingts is known for its "diamond hands" with Azuki. He owns 121 Azuki, 245 Azuki Elementals, and 34 BEANZ.
Recently, this investor has shifted his focus to exploring emerging NFT projects. In the past three months, he has minted 870 NFTs.
From these successful traders, it is not difficult to identify their common tactics, such as bulk buying during price declines, strategic selling, multi-platform operations, targeted NFT minting, and holding assets continuously during bear markets. If whales can spot opportunities in advance, then with the help of GoAlerts, both novice and experienced investors can track the real-time activities of these influential investors, predict market trends, and increase the chances of discovering potential opportunities early, thereby maximizing profits and minimizing risks in the turbulent NFT market.
