Dump Alert on This Altcoin! Giant Whale Moved All of Its Coins to the Stock Exchange!

BLUR, the token of NFT marketplace Blur, has managed to attract the attention of investors with its recent rise.

At this point, it was considered that BLUR’s announcement that the second season airdrop distribution was completed and the increase in whale purchases were effective behind this rise.

BLUR experienced an increase again today. The Binance announcement was behind today’s rise.

Binance announced that it will list Blur in BLUR/BTC, BLUR/USDT and BLUR/TRY trading pairs on 24.11.2023.

While BLUR continued its rise, the investor named hanwe.eth, the biggest buyer of the season 2 airdrop, deposited the BLURs he received from the airdrop to ByBit and Coinbase.

“Hanwe.eth, the largest recipient of the BLUR season 2 airdrop, deposited another 10 million BLUR (worth $6.2 million) to Bybit and Coinbase 1 hour ago.

Hanwe.eth deposited the entire 22.85 million BLUR received from the airdrop to the exchanges and will receive ~$12.3 million after the sale.”

BLUR, which increased by up to 20% after the Binance listing announcement, continues to trade at $ 0.637.

We will be monitoring whether selling such a large amount of BLUR will have a negative impact on the BLUR price.

hanwe.eth, the largest recipient in the Season 2 #airdrop, deposited another 10M $BLUR($6.2M) to #Bybit and #Coinbase 1 hour ago.

hanwe.eth has deposited all 22.85M $BLUR received from the #airdrop into exchanges and will get ~$12.3M after selling.https://t.co/2p85bqykFR pic.twitter.com/xHwPFGmGP0

— Lookonchain (@lookonchain) November 24, 2023

*This is not investment advice.