The NFT Avalanche market shows there are almost a new NFT seller each day. Overall, as Aug. 2nd, about 34 unique NFT seller has been participating Avalanche market.

On the other hand, the growth of NFT buyers on Avalanche are growing at a faster rate than sellers. This means, more users a purchasing NFTs than selling NFTs. But this may also mean only a small portion of NFT users managed to sell their NFT

In terms of purchase transaction and AVAX spent on NFT market, the trend shows increasing pattern across time, suggesting there are potential for NFT growth.

The Top 40s

This section will attempt to identify the top address that has made to the List of Top 20 address with Highest Sales and Top 20 address with highest Sales transactions. This will be used as a metric to measure their NFT trading performance.

We will try to identify what project they are buying, selling or minting. Since the metadata is not up to date, the minting data could not be collected. However at least, we can identify which address are among the Top 40 high performing address in NFT arena on Polygon.

What NFTs are the Top 40s buying?

Based on current data, the Top 40s did not purchase ANY secondary market NFTs. This suggests that they get their NFTs solely via minting or transfers. This is based on August 6th , the data may change in other date.

What NFTs do the Top 40 Address sells?

Below lists the projects that the Top 40 address sells. This may not be useful for us to copytrade as we will just be their exit liquidity;

Conclusion

The Top 40 most performing address on NFT arena in Polygon gets their NFT solely via minting. These Top 40 address selling activity does not concentrated on 1 projects. The next step to discover the NFT alpha is to study these address minting activity. However tracking these address minting activity manually on the block explorer should work for now.

Appendix : Workings to identify Top 40 address