Airdrops and Market Shocks

I wrote on Monday explaining why the Book Games floor price had been dropping at the time. A single player had been airdropped 482 tokens and was selling them below the previous floor price. By the time I finished pulling data on Monday the player had sold about 150 tokens. As of last night the player is down to only 45 tokens -- most of which are for sale. Curiously they have unlisted five Empathy tokens. The floor price today is back up to about .2 and appears to be relatively stable. If a token comes onto the market below .2 it is quickly sniped.

I was notified of another rather large airdrop of tokens on Sunday. The player was airdopped 499 tokens. Not a single token has been listed for sale as of this morning. Subsequently the player was transferred another 20 tokens yesterday. The player also happens to have 5 Koalas and 5 Paper Hands Ponies in the wallet. Very interesting. The strangest part of their initial airdrop is that the Token IDs are non-contiguous which is unusual and they are almost all very high ID numbers, above 120,000. Could it be Gary getting a wallet ready for his giveaway? What are your guesses?

I'll close by warning that not all tokens have been airdropped to players. Some are waiting to claim theirs for whatever reason. There appears to be roughly 8,000 left to be airdropped not counting Gary's stash. There likely will be more market shocks to come. Be safe out there and enjoy Book Games!