OpenSea has seen more than $700 million worth of volume so far in January amid a wave of Bored Ape speculation on BAYC and MAYC NFTs.
NFT trading volumes on OpenSea are surging in January amid a renewed speculative frenzy on Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club .by “rchen8” on Dune Analytics, OpenSea has generated more than $700 million worth of trading volume since the start of 2022, with Jan. 3 being the biggest day of the year with a whopping $255.8 million worth of 24-hour volume.that the volume on Jan. 3 was a record high for OpenSea, previous data posted by rchen8 on Dune Analytics shows that Aug.
In December, OpenSea’s monthly volume topped $3.24 billion and fell just 5.3% short of the platform’s ATH in August of $3.42 billion. With the NFT marketplace already conducting more than $700 million worth of trading volume within the first four days of January, the record highs may soon be broken if the momentum continues throughout this month.
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