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In the NFT ecosystem, whale wallets have always played a crucial role in price discovery and market sentiment. But lately, their importance seems to have shifted into an even more critical position for the space.
The reality is sobering: the pool of major collectors capable of acquiring grail-tier NFTs in meaningful volume has dried up significantly. Most of the heavyweight players have quietly exited or reduced their activity.
Adam Weitsman stands out as one of the few remaining active collectors of substance. His recent acquisitions—including a Spirit Azuki and the top rarity GVC piece—demonstrate not just purchasing power but a deliberate strategy in hunting down the most coveted assets. These aren't passive buys; they're calculated moves in an increasingly thin market.
This concentration of activity among the remaining whales raises interesting questions: Is this accumulation phase before a broader rally, or are we witnessing the final consolidation of NFT value among die-hard believers? Either way, tracking these moves has become essential for understanding where the floor is actually heading.