News

1. Sotheby’s “Grails II” auction, the second sale of NFTs from the collection of bankrupt hedge fund Three Arrows Capital (3AC), brought in a combined $10.9m.
2. Dmitri Cherniak’s Ringers #879 (The Goose) was purchased for $6.2m by pseudonymous collector Punk6529. You can view the final two minutes of bidding here.
3. Erick Calderon’s Chromie Squiggle #1780 sold for $635k, more than 3 times its high estimate.
4. Tyler Hobb’s Fidenza #479 sold for $622k and Fidenza #216 sold for $610k, both more than 3 times their high estimate.
5. Larva Labs’ Autoglyph #218 sold for $330k.
6. Kjetil Golid’s Archetype #397 sold for $330k.
7. Amy Wu, the former Head of FTX Ventures, has joined Menlo Ventures as a partner.

Data

1. The Top 5 NFT Sales (excluding Sotheby’s auction) over the past week were Fidenza #158 for 212 ETH ($370k), Azuki #3946 for 190 ETH ($316k), Autoglyphs #352 for 175 ETH ($291k), CryptoPunk #827 for 135 ETH ($234k), and CryptoPunk #2549 for 95 ETH ($164k).
2. The Top 5 NFT Collections by Volume over the past week were Bored Ape Yacht Club with $47.3m (+24%), Mutant Ape Yacht Club with $21.7m (-18%), Azuki with $19m (-30%), CryptoPunks with $18.5m (+350%), and DeGods with $5.3m (+1%).
3. The Top 5 NFT Marketplaces by Volume over the past week were Blur with $130m (+8%), OpenSea with $34.9m (-22%), Immutable X Marketplace with $5.1m (-40%), X2Y2 with $4.8m (+20%), and JPG Store with $1.7m (+77%).
4. The Total Crypto Market Capitalisation is $1.08t, a 7% decrease over the past week and 10% decrease over the past three months.