In July, the total value of stolen non-fungible tokens (NFTs) was $1.73 million, down 31% from the previous month and 89% from February, according to PeckShield.
Experts noted that half of the stolen NFTs were sold within 165 minutes. The bulk of transactions came from the Blur marketplace — 67.3%, followed by OpenSea with 19.63%.
The fall in the total value of non-fungible tokens stolen during the month correlates with the reduction in the key indicators of the segment.
According to The Block, trading volume in July fell by more than 17% compared to June.
Since the beginning of the year, the number of unique wallets for NFT trading, the number of traders and transactions have also collapsed.
Recall that in June, analysts noted a decrease in NFT royalty payments to a two-year low.
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