Revealed: How Many NFTs Have Been Stolen Across Major Collections, and Their Value
Ethereum

Revealed: How Many NFTs Have Been Stolen Across Major Collections, and Their Value

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4 months ago

Across six major collections, the current value of the stolen NFTs stands at 24,000 ETH — about $29 million — based on current floor prices.

Revealed: How Many NFTs Have Been Stolen Across Major Collections, and Their Value

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Shocking new research has exposed the scale of NFT thefts across major collections.

On Twitter, @1kbeetlejuice revealed they had crunched the numbers to find out how many non-fungible tokens have been swiped across popular platforms.

Overall, 130 Bored Apes have been marked as stolen or suspicious on OpenSea — rising to 268 Mutant Apes.

When it comes to other collections, 202 CloneX NFTs fall into this category.

Azuki — which has existed for less than six months — has seen 153 NFTs marked as stolen or suspicious, with 1.5% of supply frozen on OpenSea.

Worse still, 70 Moonbirds are already frozen despite the fact this collection has existed for just 10 weeks.

The researcher pointed out that the stolen count is likely to be much higher as many stolen assets are returned or never frozen.

And while OpenSea ensures that these NFTs cannot change hands on its marketplace, there's nothing to stop malicious actors selling them off on another platform instead.

Crunching the Numbers

It's especially sobering to think about these statistics in financial terms.

Across all six of these collections, the current value of the stolen NFTs stands at 24,000 ETH — about $29 million — based on current floor prices.

Just a few short weeks ago, their value would have stood in the hundreds of millions.

The value of stolen or suspicious Bored Apes is currently 11,960 ETH based on a floor price of 92 ETH per NFT.

The swiped Mutant Apes are in second place, with a total value of 4,824 ETH.

And it seems @1kbeetlejuice — who describes themself as an "on-chain sleuth" — has no plans to stop here, with plans to add data about Doodles and Otherdeeds in the not-too-distant future.

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