The Floor price is the lowest priced NFT in a specific art collection. ‘Sweeping’ or ‘Sweep the Floor’ means to purchase a large amount of the least expensive NFTs in a collection, often on a secondary market or exchange. NFT Floor Sweeps are widespread tactics for aggressive NFT investors known as “Crypto Whales”.
A NFT floor sweep is when an NFT investor or NFT trader purchases multiple lower-priced NFTs in a collection, often in rapid succession.
