Insider Trading in the NFT Market? Moonbirds’ Unusual Sales Activity Before Yuga Deal

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Prices and trading volume for the Ethereum NFT collection Moonbirds experienced a significant surge on Friday following the announcement of Yuga Labs’ acquisition of the collection’s intellectual property alongside creator Proof. However, there were also considerable spikes in sales activity in the days leading up to the revalation, which has sparked speculation of potential insider […]


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