Non-fungible tokens (NFTs) have experienced explosive growth over the past two years, with collections like Bored Ape Yacht Club (BAYC) commanding staggering prices. The floor price for a BAYC NFT has reached 105 ETH (approximately $360,000), and the collection recorded $257 million in sales volume over the last 30 days. While skeptics continue to question the intrinsic value of NFTs, the on-chain profits of top BAYC traders tell a compelling story.
The Top 5 Most Profitable BAYC Traders
According to data from CryptoSlam.io, here are the five most profitable Bored Ape traders of all time, based on realized gains from buying and selling BAYC NFTs:
1. Machibigbrother – $5.85 Million Profit
Machinebigbrother leads the pack with $5.85 million in net profit from 34 trades, achieving a return of 182.29%. The trader's portfolio is worth $72.72 million (per DappRadar), encompassing 6,626 NFTs across 203 collections.
2. icanfly3 – $4.93 Million Profit
icanfly3 secured $4.93 million in profits from 26 BAYC trades, with a remarkable 562.91% return. The address holds 498 NFTs from 64 different collections, demonstrating a highly active trading strategy.
3. Dfarmer – $3.99 Million Profit
Dfarmer earned $3.99 million from only 14 trades, boasting a 455.96% return. The trader's portfolio is valued at $9.69 million, with 1,444 NFTs from 120 collections, indicating a selective but high-conviction approach.
4. 0xC310e7 – $3.64 Million Profit
Anonymous address 0xC310e7 made $3.64 million from just 10 trades, yielding an astronomical return of 2,310,248%. The wallet currently holds 47 NFTs valued at approximately $1 million, a classic example of a small capital base achieving outsized gains.
5. 4932114 – $2.76 Million Profit
Trader 4932114 earned $2.76 million from 15 BAYC trades, with a return of 1,084%. The portfolio includes 645 NFTs from 63 collections, worth about $560,380.
Combined, these five traders generated over $21.17 million in profit from just 99 BAYC trades. Many other participants have also reaped millions from BAYC and other blue-chip NFT collections such as CryptoPunks and Azuki.
The Most Expensive Bored Ape Ever Sold: BAYC #3749
The highest-priced Bored Ape to date is BAYC #3749, which sold for 740 ETH (approximately $2.9 million). The seller was a trader known as “Boothy,” who ranks as the sixth most profitable BAYC trader with $2.29 million in profit from only six trades. This transaction underscores the extraordinary value that rare BAYC NFTs command and the sharp eye of top traders.
The BAYC ecosystem continues to thrive, with millions of dollars flowing through its marketplace. These top traders exemplify the potential for massive returns in the NFT space, though risks remain high for less experienced participants.