BLUR Price Drops As Whales Move 7 Million BLUR to Binance and OKX
Due to an uptick in whale behaviour, the BLUR coin gained a lot of attention from cryptocurrency experts.
As of today, November 27, the Paradigm-backed cryptocurrency BLUR had enormous whale activity, which caused it to gain considerable traction in the cryptocurrency ecosystem.
According to market statistics, centralised exchanges such as Binance and OKX received more than 7 million BLUR from whales.
The movement of cryptocurrency to exchanges suggests an increase in supply, which could lead to a decrease in demand for the coin. At the same time that cryptocurrencies were being transferred to exchanges, the price of BLUR also fell significantly.
Trade on BTCC with 10 FREE USDT.
Sign up today to redeem your bonus.
Exploring the BLUR Whale Activity
Data provided by Spot on Chain, a blockchain tracking company, indicates that the BLUR price experienced a decline when tokens were dumped into exchanges. Around four hours ago, a whale going by the name of 0x13d.. deposited 3.75 million BLUR into Binance and OKX at a price of $0.629 per coin. The data showed that two days ago, the wallet bought these OKX tokens at $0.535, suggesting a potential profit of $353,000.
In addition, around six hours earlier, Binance received 1.67 million BLUR in the second whale transaction that grabbed the attention of crypto market fans. The BLUR worth $1.05 million was sent to Binance by the wallet address 0x387… at a price of $0.629. Interesting, the whale bought these OKX assets at $0.375 five days ago, suggesting a profit of over $425,000. In addition, orz-allinornothing.eth was discovered to be associated with the wallet.
In addition to the two transactions already stated, a third transaction involving the transfer of 1.75 million BLUR to OKX has caused suspicion among crypto market enthusiasts.
A big cryptocurrency market maker, Wintermute Trading, deposited 1.75 million BLUR to OKX about 12 and 9 hours ago, according to the data. According to the data, the market maker sent 4.25 million BLUR to OKX and Binance over the previous two days.
It seems that the current decline in the token’s value is consistent with the aforementioned transfer of coins to exchanges.
[TRADE_PLUGIN]BLURUSDT,BTCUSDT[/TRADE_PLUGIN]
The Price of Blur Drops
The price of BLUR has dropped significantly today, falling 12.12% to $0.5274, as of this writing. Nevertheless, the token displayed an astounding increase of 54.11% throughout the previous week.
Additionally, the twenty-four-hour trade volume fell 12.80%, reaching $358.9k at the time of writing.
Coins have been dumped onto exchanges recently, showing an increase in the overall supply of the cryptocurrency, which seems to be congruent with the current token price collapse.
|
BTCC Starter Rewards |
Where to Trade BLURUSDT Futures?
Now you can trade LUNC futures on BTCC. BTCC, a cryptocurrency exchange was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. BTCC is a crypto exchange offering users liquid and low-fee futures trading of both cryptocurrencies and tokenized traditional financial instruments like stocks and commodities.
BTCC offers exclusive bonus for new users. Sign up and deposit on BTCC to get up to10,055 USDT in bonuses. Meet the deposit targets within 30 days after successful registration at BTCC, and you can enjoy the bonus of the corresponding target levels. Find out what campaigns are available now: https://www.btcc.com/en-US/promotions
iOS QR Code Android QR Code
[TRADE_PLUGIN]BLURUSDT,BLURUSDT[/TRADE_PLUGIN]
How to Trade BLURUSDT Futures on BTCC ?
To trade Crypto Futures on BTCC, follow these simple steps:
- Create an account
Go to the BTCC website and fill out the registration form with the necessary details. Finish the checks to make sure you’re in line with the stock exchange’s rules.
- Deposit funds
Fund your BTCC wallet once your account has been created and verified. You can fund your BTCC account with a number of different cryptocurrencies and fiat currencies.
- Navigate to the crypto trading section
You can begin trading on the BTCC platform as soon as your account has been funded. Find the crypto exchange rate, which is written as crypto/Bitcoin (BTC) or crypto/US Dollar (USDT) depending on the other pairs available.s.
- Choose your trading type
Both spot trading and futures trading are available through BTCC. If you want to purchase or sell crypto tokens at the current market price, you may want to investigate spot trading. If you’d rather trade crypto with leverage and speculate on its price movements, you can do so with crypto Futures.
- Place your trade
After deciding which type of deal you want to make, you can enter the amount of crypto you like to buy or sell, as well as your preferred price (if necessary). If everything checks out, go ahead and make the deal.
- Monitor and manage your trades
Be sure to monitor your crypto holdings on the BTCC exchange. To limit losses and protect gains, you can use stop-loss and take-profit orders. It is also important to keep up with the latest crypto market trends and news if you want to successfully trade this cryptocurrency.
Before becoming involved in any kind of trading, make sure you’ve done your homework. Due to the extreme volatility of the cryptocurrency markets, it is crucial to have a well-defined trading strategy and risk management framework in place. To successfully trade crypto on the BTCC market and take advantage of the chances it provides, follow these procedures and keep yourself updated.
BTCC Bonus
BTCC bonuses apply to different categories of users. Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.
- Bonus On First Deposit And Trade
You will get a bonus worth 10 USDT when you deposit 200 USDT and above within 7 days of opening an account. The reward includes a 5 trading fund and a 5 USDT coupon.
If the deposit is 500 USDT and above, you will get a 20-trading fund. Furthermore, if you make a cumulative deposit of 2000 USDT within 30 days of opening an account, you will get a 30 USDT trading fund. Trading within 7 days of signing up will also earn you a 20 USDT coupon.
- BTCC Futures Trading Bonus
You can earn bonuses from trading futures on BTCC within a stipulated time.
- A cumulative future trade of 200,000 USDT and above will earn you a 10 USDT trading fund and a 200 USDT coupon.
- A cumulative future trade of 500,000 USDT and above will earn you a 20 USDT trading fund and a 300 USDT coupon.
- A cumulative future trade of 1 million and above will earn you a 50 USDT trading fund and a 500 USDT coupon.
- A cumulative future trade of 5 million USDT and above will earn you a 125 USDT trading fund and a 1000 USDT coupon.
- A cumulative future trade of 10 million USDT and above will earn you a 250 USDT trading fund and a 2000 USDT coupon.
- A cumulative future trade of 20 million USDT and above will earn you a 500 USDT trading fund and a 5000 USDT coupon.
- Other Bonus
Invite a friend to BTCC to get a 25% rebate on their trading fees. You can get up to 530 USDT in rewards per referral.
[TRADE_PLUGIN]BTCUSDT,ETHUSDT[/TRADE_PLUGIN]
BTCC FAQs
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
