OpenSea Investor Coatue Cuts NFT Marketplace’s Valuation by 90%: Report

While the crypto winter has shown signs of thawing, however, NFT sales have been slow to recover. Weekly NFT sales have dropped to around 23,000 from about 176,000 at the start of the year, while the weekly sales value has declined from $118 million to $62 million, data shows market tracker.