PANews December 18 news, according to on-chain analyst Yu Jin's monitoring, due to Binance's announcement today to delist BLZ, a BLZ whale/institution transferred 156.5 million BLZ (approximately 15.89 million USD) to Binance in the past half hour, which accounts for 31% of the total BLZ supply (total of 500 million).

These BLZ were withdrawn by the whale/institution from Binance through 5 addresses between August 2023 and January 2024. The average withdrawal price was $0.138. During this period, BLZ surged over 7 times.