NFT EveningNFT Evening

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Moon Marbles Host An Event To Help Hack Victim Recover ETH

    June 26, 2022

    NFTs By Lacollection.io x MFA To Feature Degas and Monet Artworks

    June 25, 2022

    Snoop Dogg and Eminem Drop A New Track At Apefest

    June 25, 2022
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • Home
    • News
    • Crypto Art
    • Collectibles
    • Blockchain games
    • Interviews
    • Guides
    • NFT Calendar
    • NFT Conferences
    NFT EveningNFT Evening
    News

    The NFT Community Suspects There’s A Secret Group Of Insider Traders

    By AdeleApril 1, 2022Updated:April 2, 20223 Mins Read
    Share
    Twitter WhatsApp Reddit Email Facebook LinkedIn

    These days, the NFT community is debating whether there might be a secret group of insider traders in the space. Collectors are bringing their own theories to the table, along with allegedly “flagrant” evidence.

    In essence, more and more people believe that some privileged NFT whales (and other individuals) know important information before everybody else does. But is that so?

    The NFT community is heavily debating the existence of a secret NFT insider trader group. Credits: FreePik

    The NFT community, concerned about insider trading groups

    Just a week before Azuki holders were airdropped free tokens, its NFT floor price went up. While many collectors didn’t make a big deal out of it, for others, this was great evidence.

    According to some, a group of anonymous insider traders gets valuable information about upcoming drops, collabs, and more, beforehand. Based on this theory, some NFT collectors believe these individuals are always one step ahead, which increases their income tremendously.

    These are the main projects the Twitter NFT community is discussing:

    Twitter screenshot of a Keef message on the NFT insider trader theory
    NFT collector Keef believes that insider traders have known about the top NFT drops in the last few months. Credits: Twitter

    The tweet shown above by NFT collector Keef quickly became a hub of conspiracy theories.

    For example, users debated the predictability of the Azuki airdrop. The floor price of the collection started climbing just a week before the project airdropped tokens to its NFT holders. However, many people claim the event was easy to predict based on previous hints the Azuki team gave via Discord.

    Did some collectors know about RTFKT’s success beforehand?

    However, one particular user tweeted several 2021 screenshots regarding the Clone X insider trader theory. Back in 2021, Twitter user @sarah1of1 (whose account no longer exists) revealed she invested all of her net worth into the RTFKT Clone X NFT collection. This happened shortly before the project skyrocketed into popularity thanks to its partnership with Nike.

    Here’s the tweet:

    Twitter screenshot from the NFT community of a potential insider trader message
    The NFT community is sharing more and more potential evidence to prove their insider traders’ theory. Credits: Twitter

    Allegedly, Sarah1of1 might’ve been part of the mysterious insider trader NFT group. However, NFT collector @HawkwardArt said that she was in fact “caught transacting with someone who is cousins with someone on the team.”

    So far, we couldn’t verify the information. Nevertheless, it goes to show just how interested the NFT community is in the idea of a secret group of NFT traders.


    Are you tired of missing important NFT drops?

    Check out our NFT Calendar!

    Receive the biggest NFT news of the day & recommendations in our Daily newsletter. 

    • All of our news is being sent daily on Telegram
    • We summarize the biggest news daily on Twitter & Instagram 
    • Learn with video tutorials and subscribe to our Youtube Channel 

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp
    Adele

      Adele Ioana is a writer with a deep interest in digital visual arts. Between covering two news stories, she enjoys drawing portraits and studying photo manipulation.

      More great NFT Evening content:

      Moon Marbles Host An Event To Help Hack Victim Recover ETH

      June 26, 2022 News

      NFTs By Lacollection.io x MFA To Feature Degas and Monet Artworks

      June 25, 2022 News

      Snoop Dogg and Eminem Drop A New Track At Apefest

      June 25, 2022 News

      Yuga Labs Files Lawsuit Against Ryder Ripps Bored Apes (RRBAYC) NFT

      June 25, 2022 News
      Latests NFT News

      Moon Marbles Host An Event To Help Hack Victim Recover ETH

      June 26, 2022

      NFTs By Lacollection.io x MFA To Feature Degas and Monet Artworks

      June 25, 2022

      Snoop Dogg and Eminem Drop A New Track At Apefest

      June 25, 2022

      Yuga Labs Files Lawsuit Against Ryder Ripps Bored Apes (RRBAYC) NFT

      June 25, 2022



      • Follow @NFTevening


      By signing up, you agree to the our terms and our Privacy Policy agreement

      NFT evening is the biggest website for NFT news. We are dedicated to supporting mainstream NFT adoption by making content fun & accessible. Learn about NFT collectibles, NFT art and the best blockchain games that even let you earn free crypto! Whether you want to invest in NFTs, create NFTs or simply collect them, NFTevening is the first stop for all the NFT news you need!

      Facebook Twitter Instagram YouTube
      Article Categories
      • Blockchain games
      • Collectibles
      • Crypto Art
      • Guides
      • Interviews
      • Metaverse
      • News
      • Sponsored Content
      NFT Calendar
      • Today’s NFT Drops
      • Upcoming NFT Drops
      • Solana NFT Drops
      • NFT Calendar
      • NFT Calendar : Add Your NFT Event
      Get In Touch
      • Advertise (Media Kit)
      • Collaboration and Press Releases
      • Job Opportunities
      • About Us
      • Contact Us
      NFT Beginners Guides
      • How to Sell NFT Art
      • How to Create NFT Art
      • How to Display NFT Art
      • How To Make Passive Income With NFTs
      • Best Crypto Wallet
      • Best NFT Coins
      • Best NFT Rarity Tools
      • What is a DAO ?
      • What Are Crypto Gas Fees ?

      Type above and press Enter to search. Press Esc to cancel.