BLUR Whale Address Receives US $2.55 Million and Pledges it After Buying 4.19 Million BLURs Earlier

02/24/2023 02:44 • AI Insights • 135 views

It is reported that the Lookonchain monitoring data showed that the BLUR whale address (beginning with “Oxd945”) received 33800 GMX (about US $2.55 million) from Coin An 10 hours ago and pledged it. Previously, the address purchased 4.19 million BLURs with 3000 ETHs, with an average purchase price of $1.21.

BLUR Giant Whale received $2.55 million worth of GMX from Coin An and pledged it

Analysis based on this information:

The message reveals that the BLUR whale address, which starts with “Oxd945,” has received a whopping US $2.55 million worth of GMX from Coin An. The Lookonchain monitoring data reports this development and notes that the amount has been pledged after receiving it. It is noteworthy that the same address has previously purchased 4.19 million BLURs with 3000 ETHs, with an average purchase price of $1.21.

The message has significant implications for the BLUR coin and its stakeholders as the whale address’s buying and pledging behavior reflects confidence in the coin’s future growth. The fact that the address has purchased more than 4 million BLURs earlier suggests that the buyer believes the token’s price will appreciate in the future. Moreover, the subsequent pledge of US $2.55 million worth of GMX highlights the trust in the coin’s underlying technology and ecosystem’s stability.

It is worth noting that the Coin An platform is a cryptocurrency mining enterprise that allows cloud mining of digital assets. The fact that the platform provided such a considerable amount to the BLUR whale address underscores the platform’s belief in BLUR’s future growth prospects.

The reported data reveals that the BLUR ecosystem is witnessing an increasing interest from big players with significant investment capacity. The whale address’s activity indicates that savvy investors are eyeing this emerging cryptocurrency and considering it a viable investment opportunity.

In conclusion, the Lookonchain monitoring data’s report reveals that the BLUR whale address has received US $2.55 million worth of GMX and pledged it. The address has previously purchased 4.19 million BLURs with 3000 ETHs, indicating a positive outlook on the coin’s future performance. This development suggests that the BLUR ecosystem is attracting significant investor interest, with credible platforms like Coin An considering it a promising investment opportunity.

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BLUR Whale Address Receives US $2.55 Million and Pledges it After Buying 4.19 Million BLURs Earlier

BLUR Giant Whale received $2.55 million worth of GMX from Coin An and pledged it

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