Bitcoin NodeMonkes NFT collection sees massive spike in demand by whales

Source Fxstreet
  • Bitcoin NFT sales surpass Ethereum for the first time, driven by a massive spike in demand for NodeMonkes NFTs. 
  • A Bitcoin whale spent over 53 BTC for 6 NodeMonkes worth approximately $3.35 million, according to NFTstats.eth. 
  • NodeMonkes ranks third after Crypto Punks and Bored Ape Yacht Club with over $550 million in market cap. 

Bitcoin (BTC) has seen a resurgence in the non-fungible token narrative with NodeMonkes, a collection of pixelated NFTs on the BTC blockchain. The popularity of the 10,000 NFT collection is driven by interest from Bitcoin whales, whose buying interest is supporting the rapid increase of the project’s market capitalization. 

NodeMonkes is driving a Crypto Punk-like frenzy as the Bitcoin Ordinals trading market sees a massive spike in transactions, users and trade volume. 

Also read: Bitcoin NFTs make comeback in weekly sales, flipping Ethereum

Bitcoin NFT collection NodeMonkes sees spike in popularity

The interest from Bitcoin’s large wallet investors has pushed pixelated Ordinals collection NodeMonkes to the top three NFTs, by market capitalization. NodeMonkes are not technically NFTs, they are Ordinals on the Bitcoin blockchain. These pixelated images are inscribed on individual fragments of Bitcoin, known as Satoshis. 

Data from NFTstats.eth shows that a Bitcoin whale spent on xxxxxx 53.45 Bitcoin to acquire 6 NodeMonkes worth nearly $3.35 million.

Ordinals make comeback on Bitcoin

The Ordinals trading volume on Bitcoin climbed to a peak of $51.14 million on Sunday, the highest level since December. The number of transactions and users of Bitcoin Ordinals hit a two-month peak as NodeMonkes resurfaced after their 2023 launch. 

Ordinals

Ordinals trading volume. Source: Dune

The Bitcoin NFT space was plagued by low trade volume for weeks, but the narrative has returned with the resurgence in demand for the NodeMonke collection. The project announced that Gavin the Monke, an NFT from the collection, will be auctioned by Sotheby’s.

The co-founder of an animated generative art collection Numeric Archetypes, who goes with the X handle @wronguser000, said NodeMonkes could flip Crypto Punks, the largest NFT collection by market capitalization. 

Find out more about how Bitcoin NFTs compare against Ethereum, here.

NodeMonke floor price is up nearly 8% in the past 24 hours, to 0.87 BTC, early on Monday. The collection’s market capitalization is at around $557.5 million. 

Bitcoin price is $64,800 at the time of writing. Expectations surrounding the upcoming halving, whale interest in Ordinals, and the rising inflow to Exchange Traded Funds (ETFs) is likely to catalyze further gains in the asset.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
China's factories are pricing in 5.7%. Its shoppers are pricing in 0.7%.China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.
Author  Irene Q.
Nov 10, Tue
China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 11, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
Author  Mitrade
Nov 11, Wed
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
placeholder
Bitcoin lost its 200-day average — but the exit started three sessions before the CPIBitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
Author  Suzie
Nov 11, Wed
Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
placeholder
Gold Extends Slide Below $4,000 as Rising US Inflation, Fed December Hike Bets Pressure Prices On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day
Author  TradingKey
Yesterday 02: 00
On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day
placeholder
Gold closed below $4,000 again — the ETF crowd and central banks stayed, the momentum money leftSpot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
Author  Irene Q.
Yesterday 03: 20
Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
Related Instrument
goTop
quote