Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%

Crypto Insight Summary: 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. Crypto Insight Analysis: Direction: Bearish NFT / Neutral ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Blur's shutdown reflects NFT market weakness but has limited broader crypto impact.