Internet
sweep the floor
What does sweep the floor mean?
To buy up multiple NFTs at or near the floor price in one go, which reduces supply and can push the floor higher; a show of conviction.
"A whale swept the floor and the price jumped 20%."
Origin
NFT-market slang from 'sweeping' listings off the floor.
Frequently asked questions
What does "sweep the floor" mean in NFTs?
It means buying up multiple of the cheapest listed NFTs in a collection at once, clearing them off the floor.
Why do people sweep the floor?
It's a show of conviction that reduces available supply and can push the floor price higher, sometimes done by whales to signal confidence.
What is a floor sweep?
A floor sweep is the act (or event) of buying many floor-priced NFTs in one go, often coordinated by a community or a single large buyer.
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