NFT Markets Unbalanced in April with Sellers Dominating

According to data from NFTGo, the NFT market has consistently seen more sellers than buyers throughout April. There were only 7,907 buyers on April 26th, while there were 8,641 attempting to sell their NFTs.

On April 19th, the NFT market hit its second lowest point in the past twelve months, with only 5,893 buyers — a slight increase from the lowest recorded date in the past twelve months, which was on June 18, 2022, with 5,343 buyers.

The last recorded day buyers exceeded sellers was on March 11, when there were 9,756 buyers and 9,754 sellers.

 

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