The world's largest cryptocurrency exchange, Binance, announced today that it will launch futures support for the popular NFT platform Blur's token BLUR.
After Binnace's announcement, there was a 15% increase in BLUR price.
After Binance's announcement, whales were seen getting BLUR.
Popular crypto platform Lookonchain announced today that three ETH whales have received 2 million BLUR.
Three ETH whales received 2 million BLUR tokens at $0.636, Lookonchain reported.
The whales received their BLUR tokens for 686 Ethereum, which they withdrew after the Shanghai upgrade.
Lookonchain shared the following statements:
“BLUR price is up 10% with Binance's BLUR support announcement.
On April 15, we noticed that 3 ETH whales had withdrawn their 686 ETH. The whales received 2 million BLUR with all the ETH they withdraw.
The purchase price of BLUR is $0.636. "
The price of $BLUR has risen by ~10% with the announcement of launching $BLUR perpetual on #Binance.
We noticed 3 $ETH withdrawers withdrew a total of 686 $ETH ($1.28M) on Apr 15, then used all funds to buy 2M $BLUR ($1.42M currently) today, the average price is $0.636. pic.twitter.com/LsPsMvDSN5
— Lookonchain (@lookonchain) April 27, 2023
BLUR, which went up to $ 0.72 after the Binance announcement, continues to be traded at $ 0.6955 with the withdrawal experienced at the time of writing.
*Not investment advice.
