Original source: CoinGecko
Compiled by: Jessica, Odaily Planet Daily
Ethereum NFT whales: Who are in the top 20?
The top NFT whale is SethS, who has a portfolio worth 11,748 ETH (worth approximately $19.23 million as of September 19). Wilcox follows closely behind with a portfolio worth 11, 336 ETH (approximately $18.55 million).
These top NFT whales on Ethereum are almost all multi-millionaires based on the value of their NFT holdings, but have not yet reached the level of billionaires.
Among the top 20 NFT whales, 18 whales hold CryptoPunks. The only one who does not have CryptoPunks is Huang Licheng, the "Big Brother Moji" who holds BAYC worth 4552 ETH, ranking tenth.
The top Ethereum NFT whales, ranked by portfolio value (converted to USD), range from approximately $4.29 million to $19.23 million.
Top NFT Whales vs Top NFT Traders
As of September 20, top NFT traders have made profits ranging from 5,221 ETH to 55,291 ETH by investing in Ethereum NFTs, worth $9.6 million to $101.63 million, according to CoinGecko data.
Four of the top 20 NFT whales are also among the top 15 NFT traders. SethS is the top NFT whale and trader, ranked #1. Likewise, Mr.703 ranks third in both statistics.
In other words, SethS and Mr.703 may be among the most successful early NFT investors.
On the other hand, Wilcox, the second largest whale, ranks lower as an NFT trader and makes relatively modest profits. And smaller NFT whale Punks OTC is the second most profitable NFT trader. This perhaps highlights two different NFT investment strategies, with Wilcox focusing more on long-term appreciation, while Punks OTC prioritizes short-term high profits.
What NFTs does Whale hold?
Nearly all of the top NFT whales’ valuable portfolios come from holding CryptoPunks. For 18 of the top 20 NFT whales, blue-chip PFP NFT collectibles account for at least half of the portfolio value.
Many NFT whales are considered the "OGs" of CryptoPunks and participated in the minting of the series. In particular, Wilcox currently has the most CryptoPunks at 215, while SethS has 668 CryptoPunks V1.
The exceptions are Machi Big Brother Huang Licheng and JRNY Crypto, who have joined the ranks of top NFT whales with BAYC. Machi achieved his NFT whale ranking with 135 BAYC, while JRNY Crypto (or Tony) holds 103 BAYC. As of this writing, neither man holds any CryptoPunk in their portfolios.
Unlike the other 19 largest NFT whales, Eric Wong is the only whale to have lost money on his NFT investments, with an estimated total profit and loss (PnL) of approximately -6,776 ETH, most of which was unrealized losses.
The largest NFT collector
Among the top 20 NFT whales, 7 are also big collectors: SethS, Wilcox, Mr.703, Gary Vaynerchuk, Machi, ddaavvee and JRNY Crypto, who have more than 1,000 in their respective whale portfolios NFT, for example, NFT whale ddaavvee holds a large number of 4872 NFTs in its athrab.eth address.
Five of the top 20 NFT whales have incredibly diverse portfolios, with each NFT drawn from over 60 Ethereum collections. The ddaavvee collection is very diverse, holding over 202 different series, followed by Machi, which holds 101 different series. By comparison, the average number of different NFT collections held by top NFT whales is around 34.
Note: This study is based on data from the NFTGo rankings as of September 18, which ranks whale addresses with NFT portfolio valuations of at least $1 million. NFTGo identifies highly related addresses based on received and sent volumes and investigates whether they belong to the same whale, grouping them together if relevant.
(The above content is excerpted and reprinted with the authorization of partner MarsBit, original text link | Source: Odaily Planet Daily)
Statement: The article only represents the author's personal views and opinions, and does not represent the objective views and positions of the blockchain. All contents and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and transactions, and the author and Blockchain Client will not be held responsible for any direct or indirect losses caused by investors' transactions.
This article provides an in-depth analysis of the holdings of NFT whales: "Brother Maji" is the only one who loses money. It first appeared on Blockchain.
