Low liquidity is about to be the best thing that happened to top NFT collections. Yeah, we flipped some in '21. But the real incentive back then was to buy, hold and participate. Then NFTs got turned into shitcoins: millions in bid liquidity, leveraged lending, and token rewards for volume. People were buying and dumping NFTs just to farm $BLUR. That worked out great. Look at @BoredApeYC… @rektmando and @osf_rekt dumped 71 Apes into Blur bids for $9M and the floor barely moved. Why? Farmers caught them. But farmers aren't holders. @machibigbrother's bids took a big chunk of those Apes, and a few days later he dumped 100+ Apes and Mutants right back into the next layer of bids. Every buyer was just the next seller. ~150 ETH at the peak, mid-30s by mid-2023. Holders didn't lose faith. It was a cascade. That's why sweeping was pointless for years. You'd lift a floor and flippers would dump right back into you. The farmers left a long time ago, but the machine stayed on. Thin volume alone didn't fix it because the exit and the leverage were still there. Now @blur_io frontend is going dark and Blend stops writing new loans. What's left are people who actually want to own the thing. The missing piece is royalties. Blur's gone. Your move, @opensea. We still have to bleed through the Blend loans unwinding. But after that, some collections can actually rally around buying and sweeping again, and it'll stick. Maybe then we will see whales like @AdamWeitsman @OGDfarmer and others step back in and sweep and we can get some life back into NFTs!