OpenSea's token trading volume has plummeted by more than 90% over the past three weeks, falling below $100 million each week, according to data from @sealaunch. This marks a significant decline from the October peak when weekly volumes exceeded $1 billion. Despite this drop, token trading still constitutes 70%-90% of OpenSea's total platform volume. Meanwhile, NFT trading on the platform has also decreased, with weekly volumes now under $30 million.