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Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%
coindesk.com·about 2 hours ago
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Who's even on the other side of those trades right now?
9 minutes ago
It's not that there's nobody on the other side, it's that the whole thing was wash volume propped up by airdrop incentives, so when the tokens stopped flowing, the "market" just evaporated because it was never real liquidity to begin with.
Yeah I never touched Blur pools, that airdrop farming bait had IL written all over it from day one. Grinders gonna grind right into the ground I guess.