Traders on Solana

    A dashboard that tracks the most and least profitable traders on Solana (with NFTs). I'm narrowly defining a trader as any wallet addresses that sold an asset from the same wallet in the last 30 days. Therefore, I am including trades where the asset was sold in the last 30 days but could have been boughten more than 30 days ago. I'm excluding "Active Trades" where an asset has been bought but not sold in the last 30 days. I'm also excluding "Transfer Trades" where an asset is bought on Wallet A and sold on Wallet B. Furthermore, for NFT trading I am calculating NFT trade value in terms of $SOL. For the time being I'm also ignoring NFT mints.

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    The below chart shows the quantity of profitable and non-profitable NFT traders on Solana. There are ~18.5% more profitable traders than non-profitable traders.

    The AVG_GAIN column represents the average profit for profitable traders. The AVG_LOSS column represents the average loss for non-profitable traders.

    LOOSERS LOST MORE THAN GAINERS GAINED

    The two charts below show the profit breakdown for profitable and non-profitable traders in terms of USD. As you can see, roughly 12.5% of profitable traders realized a profit of 500$ or more in the last month and about 13.5% of non-profitable traders realized a loss of 500$ or more.

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    "LOOSERS LOST MORE THAN GAINERS GAINED".

    This is confirmed by the 2 charts below which show the profit/loss breakdown for profitable/non-profitable traders in terms of SOL.

    On the higher end of the distribution -- 7% of profitable traders realized a profit > 25 $SOL or more and 20% of non-profitable traders realized a loss of < 25 $SOL or more in the last month.

    On the lower end of the distribution -- it is about the same, 92.5% of Profitable traders earned 25 $SOL or less; 90.2% of Non-profitable traders lost 25 $SOL or less.

    The next two info-graphs show the average first date, average last date, number of active days, average number of transactions, and average fees of "Super Loosers" and "Super Traders" over the last 30 days.

    Interestingly, the avg_first_date, avg_last_date and number of actives days is about the same for both. The differnces between the two demographs are among the average number of transactions and averages fees payed -- "Super Traders" had ~4x more transactions and payed ~4x more in fees. This suggests successfull on-chain NFT traders use the blockchain more than un-successful traders.

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    Looking at all NFT traders on Solana, the below chart shows the daily net profit of in terms of USD. Something very bad happened for sellers on January 13th & 14th....

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    "Super Loosers" also unquestionably hold thier trades shorter than "Super Gainers". Super Loosers is defined as those who lost more than $500 in the last month on NFT trades. Super Gainers is defined as those who gained more than $500 in the last month on NFT trades.

    The below two charts shows the "Trade Duration", the number of days the trade was held.

    30% of profitable traders had a holding time between 0-120 days, 93.9% of non-profitable traders had a holding time between 0-120 days. 24% of Super Loosers held thier trade less than 7 days, only 4% of Super Traders did!

    "Super Gainers" unquestionably hold trades longer than "Super Loosers".

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