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Investing.com | Editor Jake Owen
Published Oct 22, 2023 12:18
Crypto whale 0xe8f, a major holder of Bluzelle (BLZ), has recently increased their holdings by securing an additional 11.1 million BLZ ($2.06 million) from Binance at an average price of $0.185 per token. This follows a prior procurement of 52.82 million BLZ ($4.72 million) two months ago at an average price of $0.08938 each, before a significant price increase.
The total holdings of this crypto whale now stand at 63.92 million BLZ ($11.82 million), which constitutes 12.8% of the total BLZ supply. This investor has not accumulated any other tokens, leading to an unrealized gain of $5.25 million (77.4%).
Whale 0xbf2, another significant holder in the BLZ market, owns 56,959,910 BLZ ($6.74 million), representing 11.4% of the total supply. These tokens were deposited from Binance on August 16, 2023. This investment has resulted in an unrealized profit of $5.77 million (+116%).
The recent activities of these major holders indicate a strong interest in Bluzelle, contributing to its market dynamics and potentially influencing its price movement in the crypto market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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Written By: Investing.com
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