8 Giant Cryptocurrency Whales Have Been Found to Have Accumulated This Altcoin in the Last 24 Hours

Remarkably, Blur (BLUR) has experienced significant price movements in the last 24 hours

The price of the token rose by as much as 40% to $0.23 before falling to the current level of $0.185.

This price action coincides with the latest monthly BLUR token unlock and some significant fund movements on Upbit, a South Korean exchange.

During Blur’s October token unlock, a total of 52.07 million BLUR ($8.85 million) tokens were collected by 8 different whale cryptocurrency addresses at an average price of $0.17.

Among these eight addresses:

• Two addresses identified as 0x748 and 0x0f2 accumulated 42.09 million BLUR ($7.09 million) before the price increase. These are new addresses that still hold all their BLURs.
• Three addresses identified as 0xdde, 0x837 and 0xb32 accumulated 5.7 million BLUR ($1.02 million) after the price increase. These addresses are known to be strong BLUR holders and have been holding all their BLUR since June 14.
• Three other addresses, identified as 0xafa, 0xeff, and 0x778, deposited the entire 4.28 million BLUR ($745 thousand) back to Coinbase either directly or through Wintermute Trading at an average price of $0.174. It is known that these addresses do not hold BLUR for a long time.

*This is not investment advice.

Source