Moonbirds whale sells almost 500 NFTs on Blur for significant losses

Quick Take

  • An Ethereum address sold almost 500 Moonbirds NFTs for losses between 9% and 33%.

Over the past 24 hours, one Ethereum address liquidated almost 500 Moonbirds NFTs for significant losses.

Selling in batches, the address realized losses between 9% and 33% — with 200 Moonbirds sold for a loss greater than 32%. The transactions all took place on NFT marketplace Blur and amount to a total loss of more than 700 ether, according to NFTTrack.

The address in question no longer holds any NFTs and its ether balance is below 0.001 ETH ($1.21).

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The floor price for Moonbirds has declined by more than 27% over the past 24 hours.

Often considered a "blue-chip" NFT collection, Moonbirds made headlines last April when, within a week of its launch, one sold for 350 ether — worth about $1 million at the time.


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About Author

Adam is the managing editor for Europe, the Middle East and Africa. He is based in central Europe and was a managing editor and podcast host at the crypto exchange OKX's former research arm, OKX Insights. Before that, he co-founded BeInCrypto.com, which he elevated into one of the leading crypto media brands at its peak as the editor-in-chief. Earlier, he served as the editor-in-chief at Bitcoinist.com. Before joining the blockchain and crypto industry, he worked for Looper.com, Grunge.com and SVG.com. He tweets via @XBT002 and can be emailed at [email protected].

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