May 2, 2022 • 58M

Over 100,000 ETH Traded on Otherdeeds

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Lucky Trader
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Episode details

Lou and Tyler talk about the upcoming week in NFTs, in the aftermath of Yuga Labs' Otherdeeds sale. Otherdeed for Otherside has traded over 100,000 ETH in volume through the first 24 hours of the secondary market. The NFT sale on Saturday evening burned over 50,000 ETH in gas fees and created a massive buzz across the industry. Was the sale a failure due to the high gas fees, or success due to the volume on OpenSea. Where will the money flow from the record day in NFTs?

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