7 ms·
lol, the conspiracy theories keep getting wilder. So it's OpenSea wash trading or their users? Pretty hard to do with a 2.5% loss on every transaction.
by CyrusL 5y ago
lol, the conspiracy theories keep getting wilder. So it's OpenSea wash trading or their users? Pretty hard to do with a 2.5% loss on every transaction.
- WoahNoun 5y agoBoth: https://www.theverge.com/2021/9/15/22676075/opensea-insider-information-nft-trading-nate-chastain https://www.theverge.com/2021/9/15/22676075/opensea-insider-...
- CyrusL 5y agoYeah, one employee swindled about $50k. He was immediately let go. OpenSea does $200m/day in volume. So about 20 seconds of their tx volume (not 100% sure I'm doing the math right).