Crypto Opinions & News How Much Wash Trading Is Really Happening on Blur?

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MuzzMelbourne

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Mar 13, 2022
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Upstart marketplace Blur has risen to the top of the NFT world in recent weeks, vaulting ahead of longtime leader OpenSea through tokenized trading rewards. The cause of the surging trading volume has split opinion in the NFT space, prompting a notable Web3 analytics firm to discount much of the recent trading data from the Blur marketplace.

CryptoSlam, a leading platform for tracking NFT sales, announced on Friday that it would remove $577 million worth of Blur trades from its data due to "market manipulation." The platform also said that it will filter future Blur trades on its platform through an updated algorithm that excludes what it sees as suspicious sales.
 
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