NFT sales rebounded over the past week, but the recovery came with a clear caveat: fewer transactions and a growing concentration in high-value deals—particularly on Bitcoin (BTC) and BRC-20-linked NFTs—suggesting the market’s upside is being driven by ‘whales’ rather than broad-based retail activity. According to data from NFT analytics platform CryptoSlam, weekly NFT sales reached $39.48 million as of March 16 (UTC), up 24% from the prior week.
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