Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%
Reported by CoinDesk · coindesk.com ·
Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.
Story context
What to watch: This report cites a concrete figure (99%) — compare it against the trailing trend before treating one data point as a turning point.
Latest session change: $ETH-USD +0.67%
How this was labelled
CoinDesk published this one, and Wook filed it under Crypto & Digital Assets. The automated reading is neutral, at high severity. Both of those labels come from matching words in the headline and preview against a fixed list. No editor and no AI is involved, which keeps them consistent and also keeps them blunt: they describe how the story is worded, not what it will do. It was matched to $ETH-USD. Matching works by reading symbols and company names out of the text, which means a company mentioned in passing gets tagged the same way as the one the story is about. The headline or preview carried 3 figures — $1.43 billion, $7 million and 99% — shown above exactly as published. Nothing was recalculated. The preview above is the publisher's own wording.
When it landed
This one landed outside trading hours, so the session change shown beside it belongs to a day that had already closed. It is worth keeping the two apart: the price next to a story and the story itself run on different clocks. The publication time is whatever the publisher stamped on it. Weekends are taken into account here; market holidays are not.
Where the price is
$ETH-USD last traded at $2,456.20, +0.67% on the session. That is a little below the middle of its 52-week range; the year runs $1,506.51 to $4,250.67. These are the latest session quotes rather than live prices. A day's move picks up everything else that happened that day, so nothing here says this story caused any of it.
How much is being written
Wook has stored 29 stories about these names in the last 30 days, 6 of them this week. That is a steady rate rather than a spike. Across the whole run the wording has been close to balanced: 27% bullish, 52% neutral, 21% bearish. That is a count of how stories were worded, not what anyone thinks. 23 of them came from CoinDesk itself, so some of what looks like broad coverage is one outlet returning to the story. 12 are listed beside this one if you want to follow the trail yourself.
What this page is not saying
The tone and severity labels come from keyword matching. They are not a forecast, not a member vote, and not a recommendation. Any figures are copied from the headline or preview rather than worked out here, and a price move on the same day does not mean this story caused it. None of this is investment advice.
Discussion
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What happened after this published
CoinDesk published this on October 13, 2026. $ETH-USD has moved -2.23% ($2512.28 to $2456.20). Measured from the first print available after publication, against the latest available quote. This comparison does not isolate the story's effect.