OpenSea Acquires Over $1 Million in NFTs, Fueling Market Recovery Speculation
Leading NFT marketplace OpenSea has purchased more than $1 million worth of blue-chip NFT collections, sparking speculation about a potential airdrop or market revival.
OpenSea, the world's largest decentralized NFT marketplace, has acquired over $1 million worth of non-fungible tokens across multiple high-profile collections, according to reports confirmed on December 16.
The purchase includes prominent NFT collections such as 10 Bored Ape Yacht Club NFTs, 25 Azuki, 20 Moonbirds, 24 Doodles, 17 Mutant Ape Yacht Club, 15 Milady Makers, and 25 each of Chimpers, Lil Pudgy, and Meebits, among others. The marketplace also acquired VeeFriends, Otherside Koda, Quirkies, and CryToadz collections.
The bulk acquisition has generated mixed speculation within the NFT community. Some traders on X (formerly Twitter) suggest the purchase may signal preparation for an anticipated SEA token airdrop, while others believe OpenSea could be planning holiday gifts for users.
The move comes as the NFT market shows signs of recovery following a significant downturn that began in November, when trading volumes and floor prices fell to their lowest levels since the January peak. OpenSea, which supports over 20 blockchains including Ethereum and Polygon, recently launched OpenSea 2.0, integrating both NFTs and fungible tokens into a unified trading platform.
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