Cryptopunk Sales and Traders

    Top 10 Most Successful Punk Traders

    Most Successful Punk traders are defined as those address that yields the highest nett profit (ETH) in buying and selling their Crypto Punks NFT.

    That is:

                                                             **Total ETH generated from Sales  - Total ETH Spent in Purchase   =  Nett Profit.**
    

    The below Table shows the Ranking of the Most Profitable CryptoPunks Traders.

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    Highest Nett Profit is 15,285 ETH and the Lowest Profit is 3874 ETH

    The most Number of Punks sales among the Top 10 is 355 Punks, and the lowest is 2 Punks

    The number of Trader with Realized Profit is lower than Traders with Unrealized Profit overall.

    Note that Profit here is defined in the terms of ETH, that is we are valuing ETH more than the Punks NFT. Therefore, users that has been accumulating Punks NFT may appear to be in Realized Loss as they hasn’t old yet, by this definition.

    When looking at yearly trend, the number Punk Traders with Realized Loss is higher than Realized Profit

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    The chart shows the Crypto Punks Average Sales Price vs BTC Average Price over the past Months. The average Price seems to peak on Oct 2021, tracing BTCs Price Peak

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    There 391 CryptoPunks that as been sent to Burn Address thus far

    The Distribution of Cryptopunks holdings shows that most users held 1 cryptopunks. Only 50 address held more than 20 cryptopunks

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    Findings :

    1 - The Top 10 Most Successful Punk Traders made at least 3,800 ETH in Nett Profit

    2- Most number of Punk Sold among the Top traders are 355 Punk NFTs, ad the least number of Punk Sold is 2 Punk NFTs.

    3- In general, there are less Punk traders with Realized Profit than Realized Loss

    4- Consistent with yearly trend, there are more traders with Realized Loss than Realized Profit

    5- The Average CryptoPunks NFT price peaked on Oct 2021, at 460 ETH, tracing the peak BTC average price

    6- 391 Cryptopunks has been sent to Burn address

    7- Majority of Holders only held 1 Punks, and only 50 address held more than 50 Punks

    8- Top 3 Holders are MR07, YugaLabs and wilcox.eth

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    Methodology : Finding Top 10 Profitable CryptoPunks Trader

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    1. The first step is to extract relevant data from “ethereum.core.ez_nft_sales

    2. seller address, buyer address, tokenid and price are the required data

    3. Filter using event_type=’sale’ to acquire sales data,

      project_name = ‘cryptopunks’ to get cryptopunks NFT data

      and currency =’ETH’ to acquire transaction sales paid in ETH

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    1. Next , we collect data on how much ETH is spent in purchasing Cryptopunks NFT
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    1. The next step is to collect data how much cryptopunks sales made and identify the seller address
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    1. Finally, apply inner join function,

    on buyer address and seller address as common denominator


    2. we can get both total eth sales and total eth spent on Cryptopunks


    3. using the formula ETH sales - ETH Spent = Nett ETH Profit/Loss




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