I’ve seen this happen a couple months back. Pudgy fell lower than BAYC. But then recovered quickly higher, ironically because of the same effect. I have multiple years experience on this, and here is my explanation 👇 There is a menu on blur where you can choose the down payment and finance the rest. You could even balance it to have 0% interest. But be careful, the owner or platform of the nft can cancel the loan at any point, so your 0% doesn’t stay too long. Because the 30h timer starts and whichever rate it gets refinanced, that’s your new interest rate. This is where I’ve seen many people lose, because now you have high interest in eth to pay. If the nft does not get refinanced, then you have to give up the collateral, which the nft you bought with financing. Solution to this is to option 1 cancel the loan right away when it gets refinanced, or option 2 pay it back in full. So you lose less on the high interest that it was refinanced at. You can keep repeating this every time a new user refinances at a different rate, this is why you see the same ape on the loan recycling every time until it gets the low desired interest rate, which then it chooses to keep. The idea here is that the price of the APE will outperform the interest rate of the loan. So a collection floor can collapse fast, but build up even faster with leverage. This is not yet available to nfts you buy with apecoin. There are various ways to utilize this function, if you want to learn more, comment what your interest is and I can reply.