Data interpretation of the top five blue-chip holders in terms of profitability: wallet holdings and investment strategies
NFTGo
2022-10-13 11:40
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What are the commonalities and characteristics of these blue chip holders?

Flip Times and Flip Ratio are one of the core indicators for observing NFT data. Flip means that the seller of an NFT transaction makes a profit, that is to say - the selling price is greater than the buying price. For example, in all historical transactions of NFT, if an NFT is sold 4 times, and all of them bring profits to the seller, it means that the Collection to which this NFT belongs has 4 flips, and the corresponding address is also recorded as one flip. Success Flip.

This indicator can be applied to Collection, so that everyone can find out which collection has the most revenue. It can also be used in address analysis to analyze the investment strategy of the most profitable addresses. While paying attention to the number of profitable transactions, the profitability of transactions is also an essential part. Therefore, we also analyzed the probability that the transaction profit occupies all the transactions of a certain address. Some addresses have a transaction success rate as high as 95%, while some addresses are less than 50%. These two indicators need to be considered together when filtering which addresses are worth tracking.

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1. @GriffdenNFT

  • Twitter:  @GriffdenNFT

  • Address: 0x2ea4815f47d685ed317e8bd243b89bcb26b369fa

  • Flip Times: 1956

  • Flips Ratio: 52%

  • Holding Value: 90ETH

  • NFTs: 2114

  • PnL: 456ETH

  • NFTGo Profile: https://nftgo.io/account/ETH/0x2ea4815f47d685ed317e8bd243b89bcb26b369fa/NFT

Among all the NFTs held by this address, Sappy Seals has the most Est Holding Value, accounting for 12.61%. In addition, Griffden also holds more Art Blocks and Acrocalypse. Among them, Acrocalypse is not only a PFP collectible, but also an ecosystem NFT of paperhands.gg. With this NFT, you can perform the tasks of the entire Acrocalypse galaxy.

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2. jklaub.eth

  • Address:  0xc4c6c27b2259794a1dd35d438e703281c0e4a004

  • Flip Times: 1503

  • Flips Ratio: 59%

  • Holding Value: 165ETH

  • NFTs: 588

  • PnL: 648ETH

  • NFTGo Profile:

    https://nftgo.io/account/ETH/0xc4c6c27b2259794a1dd35d438e703281c0e4a004/NFT

In the current estimated value list of NFTs held, apart from Art Blocks, Moonbirds tops the list, accounting for 16.04% of the total value of NFTs held by this address. Moonbirds is a set of NFT collections based on bird images launched by PROOF. In addition, each NFT can obtain many benefits such as private club membership, Moonbirds IP secondary creation qualification and so on.

It can be seen from the distribution ranking of purchase value that Moonbirds ranks first, and CyberKongz ranks second. CyberKongz is a PFP-type NFT. This series contains three different types of Kongz. The maximum supply is 20,000, and the current market value is 3,846ETH . It can also be seen from the data in the figure below that the address is currently estimated to be profitable at 5.16E on CyberKongz.

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3. @kdimes00

  • Twitter: @kdimes00

  • Address:  0x616ed054e0e0fdbfcad3fa2f42daed3d7d4ee448

  • Flip Times: 1054

  • Flips Ratio: 55%

  • Holding Value: 25ETH

  • NFTs: 323

  • PnL: 1.35k ETH

  • NFTGo Profile:

    https://nftgo.io/account/ETH/0x616ed054e0e0fdbfcad3fa2f42daed3d7d4ee448/NFT

The NFT with the largest current valuation held by this address is DigiDaigaku, which accounts for 30.81% of the total held by this address. Next, in second place is Meebits. Notably, in the current set, Tableland Rigs is @kdimes00's highest buy value item at 28.34%, no sells, and negative returns.

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4. flur.eth

  • Address:  0xb32b4350c25141e779d392c1dbe857b62b60b4c9

  • Flip Times: 964

  • Flips Ratio: 74%

  • Holding Value:  2.36k ETH

  • NFTs: 6354

  • PnL: -351.38ETH

  • NFTGo Profile:

    https://nftgo.io/account/ETH/0xb32b4350c25141e779d392c1dbe857b62b60b4c9/NFT

Invisible Friends and BAYC are the top two projects in terms of total estimated value held by this address, accounting for 12.90% and 12.05% respectively.

Currently, this address holds one BAYC, with an estimated profit of 55.3ETH. At the same time, I also hold CryptoPunks, but the estimated loss on CryptoPunks is as high as 37E, and it can be seen from the Sell Volume that this address has not sold CryptoPunks after buying them.

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5. nftrelichunter.eth

  • Address:  0x55a9c5180dcafc98d99d3f3e4b248e9156b12ac1

  • Flip Times: 913

  • Flips Ratio: 68%

  • Holding Value: 13.98ETH

  • NFTs: 3191

  • PnL: 1.38k ETH

  • NFTGo Profile:

    https://nftgo.io/account/ETH/0x55a9c5180dcafc98d99d3f3e4b248e9156b12ac1/NFT

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Data, Timing and Risk

After analyzing the above five blue-chip holders who have made more profits, we found some commonalities and characteristics.

First of all, timing is very important. Seize the opportunity when the project is hot, and perform short-term Flip to get good returns. The "Vibe-to-floor" indicator speaks to this phenomenon as well. Some NFT projects have network communication properties, and some players will enter and quickly flip when the ratio of popularity and floor price is the highest.

Secondly, identifying and participating in large projects is also extremely critical. The income of different projects will be stratified to a certain extent, and large income is often concentrated in a few top projects. The distribution of profits is uneven, and often there will be a "fault" phenomenon between the first and second PnL.

Finally, Flip is a probabilistic event. Due to the rotation of liquidity, market and project popularity, the NFT market has certain risks. When observing the addresses of these well-known NFT players, we found that the estimated income of the NFT in their wallets has been negative, and the floor price is lower than the original purchase price, perhaps because they did not sell in time or hope to hold it all the time.

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