Bored Ape Yacht Club Surpasses $1 Billion in Total Traded Volume on OpenSea
18 min ago•1 min read•NFT
Bored Ape Yacht Club (BAYC) – one of the most popular NFT collections in existence – has reached $1 billion on sales on OpenSea’s marketplace.
According to on-site statistics, the collection has generated an all-time trading volume of 298 265k ETH. WIth ETH trading at about $3,800 at the time of writing, that’s effectively over $1.13B in Bored Ape sales. There are ten thousand Bored Apes available, distributed across about six thousand holders. Some apes have traded for fortunes, such as a Bored Ape #9055, which rapper Eminem recently bought for over $460k. Other celebrities have joined the club too, including NBA superstar Steph Curry for $180k The collection is the second most popular on OpenSea, dwarfed only by CryptoPunk’s 774k ETH sales. However, BAYC has seen greater trading volume than CryptoPunks over the past month. This number could theoretically be higher, given the number of people that have fat-fingered their sales. For example, one user accidentally sold a Bored Ape for just $3,000 rather than $300,000 last month. In September, a set of 101 BAYC NFTs sold from Sotheby’s for a combined total of $24 million. With its growing popularity, BAYC has also secured multiple partnerships with established brands, including Adidas.