ORDI holders have just nine days until Magic Eden shuts down its Bitcoin marketplace on March 9, which has accounted for 80% of trading volume for Ordinals. This closure significantly impacts the market, as alternative platforms like unisat and what remains of Okx NFT cannot absorb the trading activities. The marketplace exit coincides with a growing sentiment of discontent within the Bitcoin community, where figures such as Udi Wertheimer have labeled Ordinals a mistake, highlighting the entrenched resistance to their functionality at the protocol level.
Magic Eden to shut down Bitcoin marketplace on March 9
