The cryptocurrency whale, whose short address is 0xe8f and is the largest individual holder of the Bluzelle (BLZ) token, accumulated another 11.1 million BLZ ($2.06 million) from Binance at an average price of $0.185.
This comes after the same whale last accumulated 52.82 million BLZ ($4.72 million) from Binance at an average price of $0.08938 about two months ago, before a sharp price increase.
Interestingly, the whale with address 0xe8f has not accumulated any other tokens, including ETH, other than BLZ. Currently this whale holds a total of 63.92 million BLZ ($11.82 million), accounting for 12.8% of the total supply.
This move by the whale resulted in an estimated unrealized profit of $5.25 million (77.4%).
The other major BLZ token holder, the whale with short address 0xbf2, currently holds 56,959,910 BLZ ($6.74 million), or 11.4% of the total supply. These tokens were deposited from Binance on August 16, 2023 (67 days ago) at an average of $0.08723 ($4.97 million). This resulted in an unrealized profit of $5.77 million (+116%).
*This is not investment advice.