I haven't watched any of the videos from anyone lately, or those encouraging Arbitrage or whatever... I have commented how I ran into several flippers this clearance wave saying they were new to it all, and learned about it on Youtube/Reddit, etc - a huge uptick in the numbers I've seen previously.
I have been watching with interest/humor/horror some of the items from Walmart being clearanced be absolutely flooded into Amazon 3rd Party Sellers... 41165 has 200+ sellers... The 4+ Snowspeeder has 150+. The MOTU Mega Bloks sets that were on clearance have 200+ sellers. Great Hall, which had a lot of sellers even before this, is close to 150+ which is pretty darn high for a $100+ set. Sith Ties, 100+, you get the idea. A good direct comparison is the Mickey Art set, which was the only one I am aware of Cleared at Wally. It has about 50 sellers, all the other art sets - about 20. And about half the Mickey Art sellers are people with 20 or fewer lifetime ratings.
I am interested to see how this will all shake out. There's going to be a pretty serious race to the bottom and undercutting wars as people don't churn their inventory as fast as they thought they would for probably profits much smaller than they were expecting. Whether it was COVID or whatever else, there's definitely been a huge uptick in interest/those selling online. Even comparing to this year's post Christmas clearance wave, the numbers seem double or more what I am used to seeing with the flippers.
This isn't "End is near" speculation. But I do think it's going to be interesting in the short term.