Crypto News

These $BLUR Token Holders Are Currently On Over $55M Unrealized Profits, Keep An Eye On Them

Blur ($BLUR) has emerged as a prominent player in both the cryptocurrency and NFT markets, gaining recognition for its prowess.

Launched on October 19, 2022, has swiftly climbed the ranks of the Ethereum mainnet NFT marketplace, boasting an impressive $770 million market cap.

On-chain reports from Spotonchain reveal that the top seven $BLUR holders are currently enjoying $55 million in unrealized profits from the token.

These holders strategically withdrew $BLUR from Coinbase following monthly unlocks since June 2023, likely contributing to the bullish pumps observed post-unlocks. 

Top $BLUR Whales Hold 175M BLUR Ie. 5.86% Of Total Supply

Presently, they retain possession of 175.7 million BLUR ($116.3 million), constituting 5.86% of the total supply.

Recent data indicates that $BLUR has secured its position as the leading NFT marketplace by trading volume in the last 30 days.

Surpassing the okx NFT marketplace, $BLUR has achieved a trading volume exceeding $730 million, marking a notable 19% increase over the past month.

The ascent of Blur in the cryptocurrency and NFT realms underscores its growing influence and popularity among traders and enthusiasts.

As the market dynamics continue to evolve, $BLUR remains a noteworthy player, making waves with its robust performance and trading volume in the competitive NFT landscape.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Image Source: peshkov/123RF // Image Effects by Colorcinch

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