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, Blur.io 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.
These 7 top $BLUR holders are gaining $55M in unrealized profit from the token!
These wallets mostly withdrew $BLUR from #Coinbase after the monthly unlocks since June 2023, and might be responsible for the bullish pumps post-unlocks.
Now, they still bag-hold all 175.7M $BLUR… pic.twitter.com/yHLMPN56Xx
— Spot On Chain (@spotonchain) January 24, 2024
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 $730 million, marking a notable 19% increase over the past month.
Top 10 #NFT Marketplaces by Trading Volumes in last 30 days
👉 https://t.co/YNLvDiPryl$BLUR $OKX $IMX $PUNKS pic.twitter.com/cNtcSxJUuq— Ben GCrypto (@GCryptoBen) January 24, 2024
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.
Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!
Image Source: peshkov/123RF // Image Effects by Colorcinch
Source: https://nulltx.com/these-blur-token-holders-are-currently-on-over-55m-unrealized-profits-keep-an-eye-on-them/