Web3 Weekly Digest: NFT Market Trends, Bitcoin Whale Activity & Top Collections (April 20, 2025)
Explore the latest in Web3: NFT sales trends, Bitcoin whale accumulation, and top-performing NFT collections this week. Stay updated with CryptoNav’s comprehensive analysis.
NFT Market Overview
The NFT market experienced a 9.37% decline in total sales this week, totaling $93 million. Despite the downturn, user engagement increased with over 250,000 buyers, more than 150,000 sellers, and 1.5 million transactions.
Notably, Polygon surpassed Ethereum in weekly NFT sales volume for the first time in 2025, recording $21 million compared to Ethereum’s $20 million. Source: InsideBitcoins
Top 5 NFT Collections This Week
- Courtyard (Polygon) — $20M (+20.8%)
- DMarket (Gaming Items) — $9.5M (+2.2%)
- Guild of Guardians Heroes — $3.7M (+2.5%)
- BRC-20 NFTs (Bitcoin) — $3.7M (+36.3%)
- CryptoPunks — $1.7M (−80.5%)
The significant drop in CryptoPunks’ sales volume contrasts with the rise of Polygon-based collections, indicating a shift in market dynamics, according to InsideBitcoins.
Bitcoin Whale Accumulation
Bitcoin whales holding between 10 and 10,000 BTC have accumulated over 53,600 BTC since March 22, 2025, now controlling 67.77% of total supply. Source: Crypto.news
Technical Analysis
BTC is hovering around the $65,000–$67,000 range. A CME gap at $64,500 remains unfilled, possibly influencing short-term volatility. Recent data from Coinglass shows $150M+ liquidated in the last 24 hours.
Expert Insights
Uniswap’s Hayden Adams praised Solana as “the most efficient L1 for native DeFi.” Jesse Pollak expressed interest in collaborating with Beeple, pushing up the floor price of related NFTs by 20%.
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