See original
LIVE
余烬Ember
--
Could this be the whale of $BLZ? 🤔
It should be influenced by Binance's announcement today to delist BLZ, as a BLZ whale/institution transferred 156.5 million BLZ ($15.89M) to Binance in the past half hour, which accounts for 31% of the total BLZ supply (total supply 500 million) 😱
These BLZ were withdrawn from Binance by the whale/institution through 5 addresses from August 2023 to January 2024. The average withdrawal price was $0.138. During this period, BLZ was pumped more than 7 times.
Now, all these BLZ have been transferred to Binance. Is this preparing to sell? Such a large amount the market can't handle, right? Or is it going to follow the previous delisted coins and create a short squeeze? 🤔
Whale/institution Binance deposit address: 0x431DfE1158032F6a780C9ad70f3eeB9d164af9e6
It should be influenced by Binance's announcement today to delist BLZ, as a BLZ whale/institution transferred 156.5 million BLZ ($15.89M) to Binance in the past half hour, which accounts for 31% of the total BLZ supply (total supply 500 million) 😱
These BLZ were withdrawn from Binance by the whale/institution through 5 addresses from August 2023 to January 2024. The average withdrawal price was $0.138. During this period, BLZ was pumped more than 7 times.
Now, all these BLZ have been transferred to Binance. Is this preparing to sell? Such a large amount the market can't handle, right? Or is it going to follow the previous delisted coins and create a short squeeze? 🤔
Whale/institution Binance deposit address: 0x431DfE1158032F6a780C9ad70f3eeB9d164af9e6
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
