Skip to content
Markets
BTC BTC $83,330.01 -0.76% ETH ETH $2,675.22 -1.33% XRP XRP $1.50 -0.46% SOL SOL $118.49 -0.86% ZEC ZEC $1,412.99 -0.80% NEAR NEAR $5.06 +6.44% QNT QNT $284.32 +8.30% AVAX AVAX $11.11 -3.05% SUI SUI $1.17 +1.04% PUMP PUMP $0.005763 +15.01% BNB BNB $759.40 -0.81% AAVE AAVE $159.36 -2.59% HBAR HBAR $0.1062 -9.19% UNI UNI $8.82 -1.22% DOGE DOGE $0.0938 -1.33% BABY BABY $0.0143 +6.72% LINK LINK $14.30 -5.90% WLD WLD $0.5016 -0.16% ENA ENA $0.2485 -1.39% TAO TAO $301.30 -3.86%
24H · USDT TR EN Updated 07:59

Crypto glossary

What is wash trading?

Added:
Updated:

Wash trading involves transactions by the same controller or coordinated parties that create a misleading impression of market activity. For NFTs, sales between commonly controlled wallets can generate volume without attracting new collectors. A plain wallet transfer without a sale is a different event.

Example

Suppose one person controls wallets A and B and sells the same NFT between them ten times for 1 ETH per sale. A report counting every sale records 10 ETH of volume. Ten independent buyers have not arrived. The controller may still pay network or marketplace fees; reported volume is not their profit.

How can it be spotted?

A seller funding a buyer wallet and an NFT repeatedly returning to its previous wallet are patterns worth investigating. A common funding source alone is not conclusive: exchanges, custody services and legitimate transfers can complicate attribution. Before comparing raw and filtered volume in Dune dashboards, read the filtering rules and coverage.

The 100 ETH comparison in our NFT market analysis shows how raw and filtered volume can lead to different assessments.

Keep exploring

PRIVACY PREFERENCES

Necessary

Session, form security and remembering your privacy choice. Always active.

Google Analytics measures readership and traffic sources when enabled. It only loads with your permission. Google may process technical data outside Türkiye.

Advertising Not in use

We currently use no advertising trackers. If this changes, we will explain the providers and ask for a separate choice.

Your choice is remembered on this browser for 180 days. We do not sell personal data. Cookie policy · Privacy notice