NFT Buyers Double as Ethereum Tops Weekly Sales and ETH Posts Short-Term Price Rebound

NFT buyer participation jumped 100% to 236,771 over the seven‑day period, while sellers rose 141.83% to 295,021 and total NFT transactions fell 31.63% to 903,279 — a pattern the report says points to larger average transaction sizes versus the prior week ^[1].

Ethereum held the lead in NFT sales volume with $8.69 million for the week, a 21.25% increase; the report notes this figure includes wash trading and positions Ethereum as the top blockchain by sales during the period ^[1].

Ethereum price activity reflected renewed buyer interest, with ETH trading near $2,166 after a rebound and short‑term upside focus, even as broader market commentary highlighted scaling and security debates following remarks from co‑founder Vitalik Buterin ^{[2] [3]}.

Bitcoin traders flagged a chart setup resembling the structure that preceded a roughly 30% drop earlier in the year, but order‑flow analysts warned the comparison is incomplete because the spot‑book dynamics appear materially stronger this time ^[4].

Separately, Ontology (ONT) posted a sharp move — a roughly 55% 24‑hour gain with trading volume above $311 million — driven in large part by South Korean activity that accounted for more than 40% of the 24‑hour volume, according to coverage of the move ^[5].

Markets showed concentrated buyer activity in NFTs and selective altcoin rallies, while major assets faced mixed technical and on‑chain signals that market participants are parsing ahead of the next trading week ^{[1] [5] [4] [2] [3]}.