Altcoin Dropped by 14 Percent as the Whale Transferred His Holds to Binance at a Loss!

Millions of dollars in whale transfers triggered a significant drop in Bluzelle (BLZ) price.

On-chain analysis platform lookonchainBLZ whales taking attention included his movements. In the data presented, a whale October 11 day to cryptocurrency exchange Binance $1.45 million worth 12.16 million BLZ His deposit was given. Lookonchain, BLZ price in 2 days 14% drop he associated it with this whale transfer.

On the other hand, it holds a large amount of BLZ to 3 different addresses attention was also drawn. 0xBf2B, 0xE8F1 And 0xCc82 The analysis platform that points to addresses named is in the hands of these whales 27% of total supply corresponding $16.2 million worth 134.5 million BLZ He emphasized that it was.

If the 3 whales in question transfer to the stock markets, the BLZ price will increase. may witness serious losses specified.

0xBf2B and 0xE8F1 could be the same whale While this was put forward, transactions made at similar times during the rise in August were put forward as the reason. BLZ 22% of the total supply corresponding $13.22 million The asset is held only at these two addresses. Both addresses are currently positioned at a profitable point in BLZ investments.

The whale with address 0xCc82 is 26 Septemberprice in at $0.19 From Binance approx. $2.98 million worth 4.75 million BLZ He put it in his wallet. On the other hand, this whale is also to Binance Since BLZ traded on the same days as the transmitting whale, both belongs to the same person is considered.

According to CoinGecko data, in the last 48 hours 14.2% BLZ losing value, 0.135 from dollars to $0.115 declined. BLZ while writing from $0.118 is being traded.


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