[Philip-J-Fry]

From what I saw most of these really big NFT sales are going to the same few people.

I think some people have just gotten very very crypto rich over the past year or two and this is just something they are spending their money on.

[anonyxyz]

For the huge sales yes, but it's not for nothing. They are pouring 10s of millions into NFTs as a land grab in a potential new economy. If they lose it, nbd, since they have "fuck you" money anyway.