Magic Eden, a prominent NFT marketplace, is set to shut down its Bitcoin and EVM markets and discontinue its multi-chain wallet service. The company plans to announce the decision soon, with closures expected in early March. The multi-chain wallet will transition to export-only mode by mid-March and cease operations by early April. Magic Eden will continue to support Solana NFTs, marking a strategic refocus on its original ecosystem. This move follows the company's shift from an NFT marketplace focus to exploring new areas in crypto entertainment, as stated by CEO Jack Lu.