As per the latest report, the world’s largest NFT marketplace OpenSea has seen its valuations tank by a staggering 90% as one of its biggest backers pulls out a massive investment. Coatue Management Cuts Stake In OpenSea Coatue Management, a tech-focused investment manager, has sharply devalued its holdings in OpenSea by nearly 90%, as revealed The post Breaking: NFT Giant OpenSea’s Valuation Tanks By 90%, Here’s Why appeared first on CoinGape .