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The NFT Explosion: Day 4
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The NFT Explosion: Day 4

Wallet analysis of the top Rarible users

Alpha Alarm | Covalent
Mar 18, 2021
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After yesterday's post where we showed that 50% of Rarible sales come from just 155 users - we decided to dig deeper into those top users.

The top 20% of Rarible users (by $USD purchased) are shown below with their bubble size showing their ERC20 wallet reserves.

The largest Rarible user dwarfs the rest and has over $311M in ERC20 reserves (mostly cWBTC, cETH, & aLINK). At the bottom end of the top 20%, there are 2 users with under $140 in ERC20 reserves but over $330k in Rarible transactions this year! (you read that right)

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