ChainCatcher Message, Blockchain Data Analysis Platform Onchain Lens has detected a significant anomaly: a whale has deposited 23.8 million BLZ into Binance after holding it for nearly a year, valued at approximately $2.55 million. This whale initially purchased at a price of $0.30 per coin, totaling $7.2 million, but is now facing a loss of $4.63 million.

It is worth noting that Binance recently announced the delisting of BLZ, causing its price to drop further by about 25%. This market dynamic has sparked widespread attention on whale trading strategies and market reactions. This incident serves as a reminder to investors that market volatility and changes in exchange policies can have a significant impact on the value of digital assets.