Blur (BLUR) is swiftly capturing attention with its groundbreaking NFT trading platform built on Ethereum.

Leveraging the Ethereum blockchain as an ERC-20 token, Blur benefits from the robust security provided by Ethereum’s Proof-of-Stake consensus mechanism.

Setting itself apart from other NFT marketplaces, Blur boasts a plethora of features designed to enhance the NFT trading experience and maximize traders’ earnings. 

Notably, the project imposes no trading fees on NFT sales, providing traders with a cost-effective platform for their transactions.

Significant Whale Involvement With BLUR Token To Watch

Recent on-chain reports have revealed significant activity involving a whale or institution that has been accumulating Blur tokens since April 2023. Just 10 minutes ago, this entity deposited 800,000 BLUR to Coinbase, sparking speculation of a potential sell-off valued at $488,000.

自 2023.04 起建仓 3068 万枚 $BLUR 的巨鲸 / 机构于 10 分钟前向 Coinbase 充值 80 万枚 BLUR,疑似卖出,价值 48.8 万美金

该地址目前仍持有👇
$BLUR: 2638 万枚,价值 1605 万美金,平均成本 $0.46
$DYDX: 296 万枚,价值 844 万美金,平均成本 $2.45

钱包地址 https://t.co/OaT3o4UFFt https://t.co/rrJ1W2M9p3 pic.twitter.com/qdAd82v1RD

— Ai 姨 (@ai_9684xtpa) February 8, 2024

As of now, the address associated with this entity still holds a substantial amount of Blur tokens:

– BLUR: 26.38 million tokens, valued at $16.05 million, with an average cost of $0.46 per token

– DYDX: 2.96 million tokens, valued at $8.44 million, with an average cost of $2.45 per token

Despite the recent activity, Blur continues to demonstrate strong upward momentum, registering an impressive 8% gain in the past 24 hours. 

The platform’s innovative features and commitment to providing a seamless NFT trading experience position Blur as a noteworthy player in the rapidly evolving cryptocurrency 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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