Try Quests to earn SOLSolana NFT Wash Trading
NFT wash trading occurs when a trader buys and sells their own NFT repeatedly, resulting in inflated volume and apparent interest in the asset. The wash trader has control over both the buying and selling prices, allowing them to purchase the NFT from themselves at a higher price. This cycle can be repeated multiple times, leading outsiders to perceive increased activity and potentially prompting them to buy the NFT at an inflated price. Once an outsider purchases the NFT, the creator of the NFT gains a profit from the price difference.