The skin market has completely crashed after Valve’s decision: prices have dropped by 70%.

After the introduction of knife and glove crafting mechanics in CS2, the skin market immediately began to decline, and today prices have collapsed completely due to the removal of the trade ban, leading to a 70% drop in prices.

Although not all players can trade crafted items yet, the value of the most expensive skins is already plummeting. Considering that more and more players will gain access to trading every day, prices are likely to fall even further.

The Karambit, which was the dream of many players, has lost 80% of its value, although it used to cost around $190. The Butterfly Knife has also fallen in price, losing 70% of its value, and now sells for $250 — previously, it was one of the favorite skins among esports players.I

t is not yet known whether Valve will intervene in the situation, and the game developers have not commented on the situation.