ROLLUP: $BLUR Drops | Shopify Goes Web3 | Veefriends Burn Island | Super Bowl NFT Commercial Sucks | SEC attacks Crypto | #152
The Milk Road Show
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Did They Eliminate Wash Trading?
The top three wallets that made the most amount of blur tokens, which as you said, the number one wallet had 3.2 million blur tokens. It's pretty clear that that top wallet was a wash trader. And after doing this report, which is almost done now, just looking at the volumes in the NFT marketplaces over the last couple of years, a large percent of the volumes that we see or we think that we're having in this industry are just wash trading. I don't know, I mean, I hope that they eliminated wash trading because if they didn't, then this is not doing what they want it to do.
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