The WHALE Vault was assessed at over $100 million in the last audit provided by NonFungible.com, with over 13,000 NFTs in its portfolio.
The NFT collection housed within The Vault is the primary backer of WHALE, which was issued in May 2020 as an ERC-20 token.
The popular NFT market metrics tracker produces a monthly valuation of the WHALE Vault based on market conditions and analysis, while accounting for balance and inflow and outflows of NFT assets in the collection.
WHALE value up by 30%
The collection was launched in 2019 by an anonymous investor who goes under the moniker “WhaleShark,” and includes some of the rarest NFTs from games including Gods Unchained, Sandbox, and Avastars.
The Vault’s worth increased to $126,153,559 in November, according to the most recent appraisal report.
Along with NFTs, which account for about 90% of the total, the audit took into account the Vault’s fungible assets, which total $8.9 million, as well as $4.2 million in the WHALE Liquidity Pool.
NBA Top Shot NFTs make up 72% of the Vault collection volume, accounting for 17% ($18.8 million) of the portfolio’s 13,274 assets, valued at around $112.9 million.
Meanwhile, 513 SuperRare NFTs, which account for only 4% of the Vault collection total, are worth $72,7 million.
NFT collectibles on the decline
“While some projects, such as the Bored Ape Yacht Club (BAYC), have seen their worth increase, the majority of NFT collections are on the decline,” DappRaddar’s monthly industry report showed.
According to the popular data gathering and analysis firm, the NFT industry generated $3.76 billion in trading volume in November, a 15% fall from October’s figures.
The analysis found that the NFT market, particularly collectibles, entered a “cool down” phase in November, despite the fact that trade volume of NFT collectibles fell 16% month over month.
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