ChainCatcher Latest News, on-chain data analyst Yu Jin discovered that Binance announced today it will delist BLZ, causing market fluctuations. A large holder or institution transferred 156.5 million BLZ (approximately 15.89 million USD) to Binance in just one hour, accounting for 31% of the total BLZ supply. The total supply of BLZ is 500 million.

Looking back at history, these BLZ were withdrawn from Binance through 5 different addresses between August 2023 and January 2024, with an average withdrawal price of 0.138 USD. During this period, the price of BLZ increased by more than 7 times. This move may be related to Binance's delisting decision, and the market will closely monitor subsequent developments.