Weekly Market RecapMonday, November 2, 2026

BAYC's Mudwater Week Ends With a Near-$100K Black Suit Sale

BAYC had one of its busiest weeks in a while: the first Mudwater Open crowned a champion, Anchor Drop 004 landed with Japanese designer Uchi, and Halloween brought a wave of ape-costume posts. It all capped off with a Bored Ape carrying a MYTHIC Black Suit trait selling for nearly $100,000, more than seven times floor -- the week's biggest sale by a wide margin. Elsewhere, Argonauts cleared its own 12x-floor sale and Otherside's community kept finding new reasons to gather around Mudwater cards.

BAYC's Biggest Week in a While

A Mudwater tournament, a new apparel drop and Halloween costumes built all week toward a near-$100K ape sale.

Mudwater Open Crowns Its First Champion

BAYC ran its first Mudwater Open live, crowning @honeybd champion, then launched Anchor Drop 004 with designer Uchi.

A Black Suit Ape Sells for Nearly $100K

A Bored Ape carrying a MYTHIC Black Suit trait sold for about $99,500, 7.8x floor -- the week's biggest sale.

Otherside's Community Chases Mudwater Cards

Communities ran Halloween events inside Otherside, from fishing sessions to pack giveaways, all hunting Mudwater cards.

A Gold Argonaut Clears 12x Floor

Rank #149 Argonaut with the PREMIUM-tier Gold trait sold for about $16,700, 12x floor.

VeeFriends Fans Build Their Own Auction Site

A community member launched Veefam.io, a peer-to-peer VeeFriends auction site, where a holder won a hard-fought Monster.

A Grail Beanz Drums Piece Clears 8.6x Floor

Rank #1195 Beanz with the GRAIL-tier Raijin Drums with Lightning trait sold for about $571, 8.6x floor.

CryptoPunks Tops the Weekly and Monthly Charts

An outside chart put CryptoPunks first in weekly volume, up 50% week over week, and first for October too.

A Frog Kigurumi Azuki Clears 5.4x Floor

Rank #6146 Azuki with the PREMIUM-tier Frog Kigurumi trait sold for about $5,650, 5.4x floor.

The numbers

NFT30 index: 58.16 (24h +0.37%) · 7d -4.42%
Snowpepen, Set 025, Ed. 20 sold for 0.8 ETH (~1830 USD) — 13.5× floor
Argonaut #7643 sold for 7.4 ETH (~16766 USD) — 12.0× floor
Bean #10646 sold for 0.25 ETH (~571 USD) — 8.6× floor
#4882 sold for 44.54 ETH (~99541 USD) — 7.8× floor
RENGA #2851 sold for 0.23 ETH (~511 USD) — 5.7× floor

📜 Transcript

ALEX: Somebody paid almost a hundred grand for one ape this week. In the worst week the market has had in a while.

ALEX: Bad news first, because it's everywhere. The whole NFT 30 lost about seven percent of its market cap. One point one eight billion by the end of it.

ALEX: And no, the coins didn't save anyone. Ethereum down seven and a half. Solana down almost nine. Bitcoin down five.

ALEX: So everything that prices an NFT went down, and the NFTs went with it. Normal. Boring, even.

ALEX: Then one Bored Ape with a mythic Black Suit sells for about ninety-nine and a half thousand dollars. Seven times floor.

ALEX: Seven times floor. Biggest trade of the week and nothing else came close.

ALEX: That's the bit I can't get past. A dip buyer hunts the floor. This is the opposite — somebody reaching way up for one specific trait in the week the tide went out.

ALEX: And it wasn't a one-off. An Argonauts piece cleared twelve times its own floor. Twelve.

ALEX: An Azuki went around fifty-six hundred. And then it drops off a cliff — four of the other trades sit between five and six hundred bucks.

ALEX: Expensive end kept paying, middle went quiet. That's not a crash. That's a market getting narrow.

ALEX: Here's what makes the ape make sense, though. BAYC had its loudest week in months and almost none of it was about price.

ALEX: They crowned the first champion of the Mudwater Open. Anchor Drop 004 landed — apparel, with a designer called Uchi. Then Halloween hit and the timeline was nothing but apes in costume.

ALEX: Somewhere in the middle of all that, another ape traded at seven point one ETH. Quietly. Like it was nothing.

ALEX: Otherside was doing the same thing. Community events all week, everyone fishing for Mudwater cards, and Kodas now show you which Otherdeed they came from.

ALEX: Pudgy asked holders to show their Huddle card. Mutant Monday pulled in new buyers. VeeFriends collectors went and built their own auction site.

Written automatically from on-chain data · Not financial advicePowered by Provenance ↗