Summary
- Bybit announced that it will end the operation of the NFT marketplace.
- It was reported that access will be blocked from April 9 due to the end of operation.
- Recently, the NFT trading volume has decreased by 70% to $5.34 million.
The cryptocurrency exchange Bybit will end its non-fungible token (NFT) marketplace operation.
On the 1st (local time), Bybit announced on its official website that "access will be blocked from 1 AM (KST) on April 9."
Meanwhile, according to Token Terminal data, the daily NFT trading volume a year ago was around $18 million, but it has now significantly decreased to $5.34 million, a 70% drop.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Analysis] "Bitcoin whales average $300 million in daily losses in Q1…similar to the run-up to past bear markets"](https://media.bloomingbit.io/PROD/news/4a2d9909-415c-408c-ba83-3f92800df3d1.webp?w=250)
![Altcoins: 40% Near All-Time Lows…Will the Bear Market Become a 'Buy-the-Dip' Opportunity? [Kang Min-seung’s Altcoin Now]](https://media.bloomingbit.io/PROD/news/7eeb606e-5fb5-49cc-8056-805d5dcbed07.webp?w=250)