February 2023 has been a good month for the non-fungible token (NFT) market: it recorded some of the top single sales on NFTs. Global NFT sales have surged in the last month, reaching $835 million, the highest number since June 2022. There has also been an increase in the number of unique buyers — 620,554, compared to only 257,614 in January.
Top NFT sales Feb 2023
Here is a breakdown of the top NFT sales of February.
1. Sewer Pass #21915 – $1.6 million
Sewer Pass #21915 was sold for 1,000 ETH, about $1.6 million, making it the most expensive NFT sale in February. On Feb. 27, the NFT was sold by Bored Ape Yacht Club’s Dookey Dash, a skill-based blockchain game winner, Kyle “Mongraal” Jackson, to AdamWeitsman.
Yuga Labs retained full loyalties from the sale through OpenSea, totaling 50 wETH, or $80,000.
2. CryptoPunks #5066 – $1.43 million
CryptoPunk #5066 is among the 88 Zombie CryptoPunks sold for 857 ETH on Feb. 6. The NFT has three unique features; it wears an earring that is a trait owned by 2459 Punks, a knitted cap owned by 419 Punks, and a smiling expression owned by 238 Punks.
The sale was worth $1.4 million, the largest Punk sale after Punk #2311, which was sold for $500,000 on Feb. 2. The NFT was brought by 0x26206c from 0x8721cf, Kevin Rose, the co-founder of Moonbirds, an NFT startup.
3. Bored Ape Yacht Club #7090 – $1.3 million
Bored Ape Yacht Club #7090 is one of the rarest apes based on its “solid gold fur” property, ranked the 62nd rarest NFT in the collection. The NFT features a five-trait gold fur primate with a multicolored grin, service clothing, and heart eyes.
The NFT sold for 800 ETH, $1.3 million. The NFT seller was Jimmy “j1mmy” McNelis, a web3 creator and collector who sold it to an unknown buyer. McNelis now remains with 59 Bored Apes, 86 Mutant Apes, 38 Bored Ape Kennel Club Dogs, 138 Otherdeeds, 71 Meebits, and 5 CryptoPunks in his cold wallet, according to Etherscan data.
4. Fidenza #157 – $666.500
Fidenza #157 is part of a collection of 999 unique digital items on the Ethereum (ETH) blockchain. Tyler Hobbs created the collection and released it on 6/11/2021. The collection is generative art created through writing code, whereby one gives rules and guidelines to create random artwork.
The collection is the most versatile generative algorithm the creator has made. A collector sold Fidenza #157 for $666k (390 ETH) from 0x13DD, an unknown collector, to another unknown collector.
5. CryptoPunks #2311 – $499,000
CryptoPunks #2311 is one of the 6039 male punks with unique characteristics. It has unique features such as a hoodie, which only 3% of CryptoPunks have, and a shadow beard, whereby 5% have the trait. The other traits include an earring owned by 25% of the NFT collection and three attributes as an accessory.
The NFT was sold on Feb. 2 for 303 ETH, or $499k, from E0CC6A to BuyPunks. The collection featured 10,000 unique collectible characters and was launched in 2017. The NFTs have been sold in top auction houses such as Christie’s and Sotheby’s.
6. CryptoPunks #1484 – $483,000
CryptoPunks #1484 is among the 10,000 NFT collections – CryptoPunks. The NFT has unique characteristics such as a hoodie, handlebars, beanie, and pilot helmet traits, making it highly coveted in the collection.
The NFT sold for 286 ETH on Feb. 20, valued at $483,000 by PunksOTC2, who then sold it to teamrocket.eth.
7. CryptoPunk #2886 – $455,000
CryptoPunk #2886 is also one of the 10,000 Punks in existence. The NFT is male and has a luxurious beard, a hoodie, and a cigarette. It also has three attributes, which makes it among the 4,122 Punks that possess the trait.
The NFT, on Feb. 10, was sold for 295 ETH, worth about $454,991. After the purchase, the Punks community congratulated the new owner and mentioned that the purchase price equates to a free hoodie punk. Even though unknown, the address moved more than 1000 ETH from a Coinbase wallet to Wallet 0xB1E5.
8. SuperRare #6708 – $415,000
SuperRare #6708 is part of the SuperRare NFT collection released by the SupeRare platform that allows artists to release digital artwork. The NFT was sold by rudya to an unknown address for $414,950.
9. Autoglyphs #335 – $400,000
Autoglyphs #335 is an NFT among a collection of 512 Autoglyphs. The NFT was recently sold for $400,000, making it the most expensive Autoglyph sold on Feb. 25 to an address B1E5CF. Autoglyphs are the first “on-chain” generative art on Ethereum’s blockchain, whereby it is a self-contained mechanism for the ownership and creation of an artwork.
The collection is OpenSea verified and was created four years ago. At the moment, there are 151 Autoglyphs owners.
10. Otherdeed #7906 – $394,000
Its rarity is ranked 99 in a list of 200,000 NFTs. The NFT is a part of the Otherdeed NFT collection from Yuga Labs’s metaverse game venture, Otherside, featuring 100,000 NFTs.
The NFT was sold by whitecoatbanditVault to nobody_vault on Feb. 17.
Best-performing marketplaces in February
Blur.io
Blur.io’s trading volume has reached over $1.29 billion in 30 days. Comparatively, OpenSea’s is around $383 million. The platform appealed to the pro-trader demographic. One of the reasons was the marketplace’s promise to reward future airdrops handsomely on the BLUR token, which will be around $300 million over the next series of give-outs.
Meanwhile, the marketplace is ready to use up some of its finances to entice NFT traders so that they stick around. One of the methods they are deploying is loyalty points whereby users can list their NFTs on other marketplaces, and Blur will get a 100% loyalty score.
OpenSea
OpenSea’s monthly volume has, for the third month in a row, been beaten by Blur’s. The exchange recently lowered its fees to 0% for a limited time. The marketplace admitted losing its users to other marketplaces but was trying to implement new measures to re-establish dominance.
Meanwhile, OpenSea’s transactions were $2.08 million, while its volume currently stands at $383 million. Other marketplaces then followed, such as X2Y2, ImmutableX, and CryptoPunks.
The NFT market carried on the strength January portrayed in February in bringing the NFT market back on its feet. There has been an upward trend and consecutive growth in the market. The move is expected to continue in March. As more use cases merge in the NFT world, more creators and projects want to capitalize on the bullish marketplace.
