The death of rock legend Ozzy Osbourne at age 76 triggered a dramatic surge in the floor prices of his CryptoBatz NFT collection. Prices jumped over 400% within hours, reflecting renewed interest in the digital bats inspired by his infamous 1982 bat-biting incident. Trading volume also skyrocketed, drawing hundreds of buyers and sellers to the market.
Ozzy Osbourne, the Prince of Darkness, passed away at 76, an event that immediately impacted the cryptocurrency and NFT worlds. His CryptoBatz collection, consisting of 9,666 unique digital bats, launched in December 2021 as a nod to the singer's notorious 1982 concert incident where he bit the head off a bat. Following the announcement of his death, the floor price of these NFTs surged over 400%, rising from under 0.02 Ethereum to 0.08 Ethereum in mere hours.
The peak floor price hit 295 per NFT at 8:00 p.m. UTC on Tuesday, showcasing the rapid market reaction. Trading volume exploded by 100,000%, reaching 281,200 in 24 hours—a figure that accounted for nearly 80% of the collection's total market cap. This frenzy involved 402 sellers and 327 buyers, highlighting the intense activity around the assets.
Despite the surge, current prices have moderated somewhat. The floor price now stands at 36.80, while the most expensive CryptoBat listing is at 99 Ethereum. Notably, these levels remain below the collection's all-time high of 5 Ethereum from January 2022. The event underscores how celebrity-associated NFTs can experience volatile swings tied to real-world news, blending entertainment history with digital collectibles.