Squid Key
demand & order book
Organic demandMulti-signal read of the bid/listing event history — wash trading, bid cancellations, accepted-offer rate, and buyer spread. Context for review, not a verdict. Note: a high bid-cancel rate is common for liquid collections (bidders reprice constantly), so a high rate alone is NOT manipulation — only a repeatedly re-posted, repeatedly cancelled bid wall is. "Suspicious" is flagged only on real wash or spoof patterns, never low offers alone (utility/game items read as direct-buy).
bid activity over time all-time
Bids placed vs cancelled, weekly. A standing wall of bids that's repeatedly cancelled can signal manufactured demand — an on-chain signal, not proof.
Squid Key's historical traded volume of 51,987 SUI is a notable figure, though recent activity shows no sales in the last 7 or 30 days, indicating a current pause in market movement. With 5,642 current traded holders, its top-10 holder concentration at 13% is considerably less concentrated than the typical top collection's 26%, suggesting a more distributed ownership base. Furthermore, the collection exhibits a lower percentage of bot-flagged holders at 6% compared to the typical 9%, and a wash-traded volume of 0.0% is significantly below the typical 0.1%, highlighting a clean trading history.
signal scorecardverdict from on-chain forensics — evidence in the panels below
- •Volume down 100% in the last 7d vs the prior week
- ✓Volume looks clean — under 2% wash across tracked history
supply & profit-taking
Cost basis as a multiple of the floor. Emerald = at/below floor (in profit); rose = underwater. Tall bars just above 1× are profit walls — supply that flips to break-even (and tends to list) as the floor rises.
sweep cost depth
Cumulative SUI to buy the cheapest currently-listed NFTs, vs % of supply. Real cost (teal) vs a naive floor-only sweep (dashed) — the gap is the depth premium. Built on validated listings, so phantom asks don't fake the floor.
bid wall depth
Active bids by price. Amber = collection bids (fill against any NFT — the wall a seller can hit); teal = single-NFT bids. Where amber stacks up is the real floor support.
sale trigger · buy vs sell pressure
Each sale by who crossed the spread: teal = a buyer took a standing listing (demand); rose = a seller hit a standing bid (supply). Classified from the settling event, not a price guess. Buy-led markets pull the floor up.
seller hold time · flip speed
How long sellers held before selling. Violet = minted/airdropped then flipped; teal = bought on secondary then resold. A short violet pile is minters dumping; a long tail is a maturing holder base.
listing duration · sold vs cancelled
How long listings stay open before they resolve. Teal = sold, rose = cancelled, amber = repriced. A wall of short rose bars is listing churn (list → cancel → relist); teal mass is genuine liquidity.
demand authenticity — funding sources all-time
mixed / inconclusive funding
- 10x93502…39cbd1,018 buyers seededfan-out 22.6K · concentration 4.5%cex
- 20x60dd0…0984d638 buyers seededfan-out 15.9K · concentration 4.0%cex
- 30xab73a…8cd56622 buyers seededfan-out 15.9K · concentration 3.9%cex
- 40x02439…27a9d279 buyers seededfan-out 2.2K · concentration 12.8%cex
- 50xd5ccd…1bb01225 buyers seededfan-out 6.9K · concentration 3.2%cex
- 60x62f36…a53ad176 buyers seededfan-out 872 · concentration 20.2%cex
- 70xce7e1…24ea0117 buyers seededfan-out 1.5K · concentration 7.6%cex
- 80xf8b7b…2d43f107 buyers seededfan-out 2.5K · concentration 4.3%cex
- 90x1f7b2…db71472 buyers seededfan-out 426 · concentration 16.9%cex
- 100x8b302…938de59 buyers seededfan-out 956 · concentration 6.2%cex
- 110x178d6…6807750 buyers seededfan-out 50 · concentration 100.0%sybil
- 120xf007a…32f3144 buyers seededfan-out 524 · concentration 8.4%cex
- 130x2e470…e12be39 buyers seededfan-out 989 · concentration 3.9%cex
- 140x33f18…9055733 buyers seededfan-out 221 · concentration 14.9%cex
- 150x443cf…ba79a32 buyers seededfan-out 476 · concentration 6.7%cex
First-SUI-funder of each buyer. High global fan-out = CEX/bridge (organic retail withdrawals). A funder that seeded many of THIS collection's buyers but funded little else (high concentration) = manufactured-demand signal. Funder identity is heuristic, not a labeled exchange list.
price distribution all-time
- p10
- 0.7147 SUI
- p50 (median)
- 1.02 SUI
- p90
- 2.20 SUI
quantilesTDigestMerge over every sale recorded.
marketplace mix (top 5) all-time
tradeport66.7%kiosk_mkt33.3%
activity window
- first sale
- 2025-03-07 00:00:00 UTC
- last activity
- 2026-05-31 10:46:02 UTC
holder whale-map current holders
top holders by NFTs held (current holder = latest sale's buyer — the human, not the kiosk). Area = holdings; rose = automation bot, amber = suspected wash, sky = other. 5,642 holders across 32,664 traded NFTs.
Holder = latest buyer per NFT. Traded NFTs only.
holder accumulation ribbon all-time
how the top holders built (and shed) their stacks over time. Each band is one holder; thickness = cumulative net market position (buys − sells) that week. 12 holders across 16 weeks.
- 0x17b9…3f5f710
- 0x2ba3…6988657
- 0xaa8d…0585441
- 0x233f…e6ef436
- 0x802f…c731416
- 0xa20e…f7a5374
- 0x7eaa…bae5338
- 0xb099…0cee275
- 0x3251…5c36273
- 0x6a49…72f5219
- 0xac4a…fb88199
- 0x73cd…ff28192
Cumulative buys − sells, weekly. Market-acquired position only — excludes mints/airdrops/transfers, so the floor is clamped at 0.
mint-snipe timeline launch window
the launch window — first sales plotted by time since the collection's first trade (x, sqrt-scaled) and price (y, log). Snipers who bought and flipped the same NFT within an hour are flagged — the signature of launch front-running.
rose= sniper (bought & flipped the same NFT within 1h) or bot buyer · sky= ordinary early buyer · click a dot for that NFT's provenance.
First 120 sales. Secondary-market launch only — mint events aren't yet indexed as sales.
shared user base all-time
collections most-bought by this collection's 5,982 buyers — its overlapping communities / gravity centers. Bar = shared buyers; % = share of this collection's buyer base.
Buyer-set overlap — a proxy for shared collectors, not on-chain co-custody.
most-traded NFTs all-time
individual NFTs ranked by sale count — a high count on one NFT is a wash-trading tell. Click any to see its full ownership provenance.
- 10x1b175d56…b7c957c36 saleslast 0.6880 SUI
- 20x9b3c55c7…1e5b9dfc6 saleslast 1.03 SUI
- 30x5069ea46…537e4b745 saleslast 0.0320 SUI
- 40x29c69abe…40b71f3a5 saleslast 0.5047 SUI
- 50x25a83dea…a37b17b65 saleslast 0.3914 SUI
- 60x40de8604…548541f25 saleslast 0.2140 SUI
- 70xa13bd5ae…71fa31c75 saleslast 1.02 SUI
- 80x0acc590e…353281c05 saleslast 1.02 SUI
- 90xb409ac41…84bc3dca5 saleslast 0.8446 SUI
- 100x8a140f44…352174834 saleslast 0.5047 SUI
- 110xb4758158…5b7a85994 saleslast 0.3914 SUI
- 120xddaff671…319440c44 saleslast 0.2575 SUI
- 130xb8ff02ae…c226f3db4 saleslast 0.2884 SUI
- 140x1b25cd2b…93cdcc6b4 saleslast 0.2884 SUI
- 150xc53338be…dd4b2a034 saleslast 0.2678 SUI
- 160x8870f0fb…c5c6c33a4 saleslast 0.2678 SUI
- 170x2efd441a…ba38d0bb4 saleslast 0.2678 SUI
- 180x435c21cd…5b1873fc4 saleslast 0.2781 SUI
- 190x31fc5e21…46911e384 saleslast 0.2678 SUI
- 200x54f3ba37…443ee2964 saleslast 0.2781 SUI
Top 20 NFTs by sale count.
money trail — shared funders of buyers all-time
funders (rose, left) that seeded ≥2 of this collection's buyers → buyers (grey) → collection (sky). A funder fanning to many buyers is a sybil/wash signal. 5,982 total buyers.
Traces the first SUI funder of each buyer.
wash-trade ring — fake volume all-time
wallet pairs that round-tripped the same NFT (A→B then B→A) — real wash trading, not just mutual transfers. Bar = distinct NFTs cycled between the pair. 5 NFTs round-tripped in this collection.
- 1
- 2
- 3
- 4
Round-trips where the same NFT returns to a prior seller.
first-week movers — who loaded early and flipped first 7d
Top 25 first-week buyers netted 2,062 SUI flipping in.
- 10xc5f6b…24b37bot 0.80+1,101 SUIbought 25 early · entry 5.1 SUI · later sold 709
- 20x167b8…e992c+232 SUIbought 6 early · entry 5.96 SUI · later sold 219
- 30x30ab8…efb22+143 SUIbought 3 early · entry 6.69 SUI · later sold 84
- 40x15353…1c420bot 0.30+80 SUIbought 2 early · entry 5.35 SUI · later sold 94
- 50xbc55a…18f24+75 SUIbought 2 early · entry 7.2 SUI · later sold 65
- 60xc8309…e5b87bot 0.30+59 SUIbought 14 early · entry 4.75 SUI · later sold 59
- 70x0c69c…baf79+52 SUIbought 6 early · entry 5.66 SUI · later sold 55
- 80xafe04…e83a8+39 SUIbought 2 early · entry 7.1 SUI · later sold 55
- 90x7d967…3b9cfbot 0.30+35 SUIbought 2 early · entry 5.43 SUI · later sold 8
- 100x5831e…13512+34 SUIbought 6 early · entry 5.87 SUI · later sold 14
- 110x283ea…b8227+33 SUIbought 9 early · entry 5.86 SUI · later sold 25
- 120x2a79f…fa3a7+26 SUIbought 4 early · entry 5.82 SUI · later sold 13
- 130xf4e54…16a2d+26 SUIbought 10 early · entry 5.21 SUI · later sold 14
- 140xd64fd…2584c+25 SUIbought 2 early · entry 5 SUI · later sold 6
- 150x61789…bdf08bot 0.30+22 SUIbought 33 early · entry 5.02 SUI · later sold 45
- 160x8c298…40e42+19 SUIbought 6 early · entry 5.77 SUI · later sold 16
- 170x498f7…ff606bot 0.30+14 SUIbought 2 early · entry 4.63 SUI · later sold 6
- 180x9457f…66b43+12 SUIbought 7 early · entry 6.18 SUI · later sold 16
- 190x89616…ae639bot 0.30+9 SUIbought 4 early · entry 4.63 SUI · later sold 8
- 200x905c4…0ea68+9 SUIbought 2 early · entry 6.18 SUI · later sold 11
- 210x691dc…86d9c+8 SUIbought 2 early · entry 5 SUI · later sold 9
- 220x5db2f…8d4b4+3 SUIbought 6 early · entry 4.5 SUI · later sold 7
- 230x67251…69c83+2 SUIbought 5 early · entry 5 SUI · later sold 22
- 240x35727…fcca6+2 SUIbought 3 early · entry 5.11 SUI · later sold 8
- 250x27a65…4bbd7+2 SUIbought 3 early · entry 4.1 SUI · later sold 2
Buyers in the first 7 days of trading; net realized SUI = proceeds from all later sells − all buys (a proxy, not per-NFT cost basis).