Wash Trade Filter

In general, wash trading is defined as a trader providing misleading information to the market by buying or selling NFTs for profit and/or for other purposes (such as to mine activity rewards offered by platforms that encourage platform activities).
Under wash trading, many metrics such as historical price and volume can be manipulated, which will not only affect the user's judgment of the market data and trends but also affect the construction and application of NFT financialization and valuation models.

Through algorithmic analysis, NFTGo.io developed strategies to identify wash trading activities. The strategies involve analyzing the transaction cycles and transaction closed loops.

Wash Trade Auto Filter
- Wash trading activities can affect NFT metrics and rankings. Therefore, we enabled the automatic wash trade filter for the key metrics, including:


Page	Metrics
Each Collection Page	Market Cap, Volume, Liquidity, Sales, Average Price, Max Price, Min Price, Traders, Buyers, Sellers
Each NFT Page	Average Price, Volume, Sales
Each Address Page	Holding Value, Est. Holding Value, PnL, Buy Volume, Sell Volume, Activities, Bought, Sold, Collection
Market Overview Page	Market Cap, Volume, Traders, Buyers, Sellers, Category by Market Cap, Category by Volume, Category Liquidity, Blue Chip Index

Wash Trade Manual Filter
- We created a wash trade filter button for some charts so that you could manually turn it on based on your needs. The charts include:


Page	Chart Name
Top Sales	Top Sales
Marketplaces	Marketplaces
Marketplaces	Volume, Sale, Trader, Buyer, Seller
Each Collection Page - Overview Tab	Top Sales
Each Collection Page - Overview Tab	Price(ETH)
Each Collection Page - Market Tab	Recent Sales
Each Collection Page - Activity Tab	Activity
Each NFT Page	Price History
Each Profile Page - Stats Tab	Trades
Each Profile Page - Activity Tab	Activities
Whale Tracking Page - Trade Tab	All Charts
Whale Tracking Page - Activity Tab	Whale Activities
Watchlist Page - Collection Tab	Feed
Watchlist Page - Collection Tab	Price(ETH)
Watchlist Page - Address Tab	Activity

Example:

Wash Trade Tagging
- You can easily identify wash trading activities tagged for collections, NFTs, and addresses on NFTGo.io. Pages include Collection/Activity, NFT/Activity, Whale/Activity, Profile/Activity, Whales Bought/Sold, Watchlist/Feed.

Abnormal Collection Tagging
- There are other factors (e.g. data errors) of collections that influence the overall ranking and key metrics displayed on NFTGo.io. To ensure the accuracy of the data we provide, we excluded these abnormal collections when calculating key metrics and tagged them on NFTGo.io.