Remarkably, Blur (BLUR) has experienced significant price movements in the last 24 hours
The price of the token rose by as much as 40% to $0.23 before falling to the current level of $0.185.
This price action coincides with the latest monthly BLUR token unlock and some significant fund movements on Upbit, a South Korean exchange.
During Blur's October token unlock, a total of 52.07 million BLUR ($8.85 million) tokens were collected by 8 different whale cryptocurrency addresses at an average price of $0.17.
Among these eight addresses:
- Two addresses identified as 0x748 and 0x0f2 accumulated 42.09 million BLUR ($7.09 million) before the price increase. These are new addresses that still hold all their BLURs.
- Three addresses identified as 0xdde, 0x837 and 0xb32 accumulated 5.7 million BLUR ($1.02 million) after the price increase. These addresses are known to be strong BLUR holders and have been holding all their BLUR since June 14.
- Three other addresses, identified as 0xafa, 0xeff, and 0x778, deposited the entire 4.28 million BLUR ($745 thousand) back to Coinbase either directly or through Wintermute Trading at an average price of $0.174. It is known that these addresses do not hold BLUR for a long time.
*This is not investment advice.
