BLUR, which carried out its second airdrop and attracted the attention of whales, rose 25 percent in the last 24 hours when the market was shaken.
NFT project BLUR has completed its second airdrop phase. Although BLUR token experienced a drop at the time of the airdrop, it recovered in a short time. BLUR reached the top of the market with the rise it experienced during the day.
BLUR stood out despite the market shaking due to Binance and the US agenda. The popular cryptocurrency created a 20 percent rise with the green candles it formed at 02:00 on November 22. Additionally, Lookonchain captured significant whale movement.
BLUR is at the top: The shaky market is up!
NFT project BLUR revitalized its community by holding its second airdrop. As the BLUR community increased interest in the project, a sharp rise was seen in the token price.
There was fluctuation in BLUR price after the airdrop distribution. The popular cryptocurrency retreated from the $0.38 band to the $0.34 band. However, BLUR made a significant breakthrough at 02:00 on 21 November.
Whales were also influential in the rise of BLUR. According to Lookonchain’s post on the X platform, a whale made a loaded withdrawal hours ago. Whale staked 15 million BLUR from OKX by withdrawing it to his personal wallet.
We noticed that a whale withdrew 15M $BLUR($5.72M) from #OKX in the past hour and staked it.https://t.co/aKXreuSDPa pic.twitter.com/ShN5CNtLZ3
— Lookonchain (@lookonchain) November 22, 2023
Lookonchain revealed that some wallets were actively purchasing after BLUR conducted the second airdrop. According to Lookonchain, 19 wallets purchased a total of 51.3 million BLUR ($21 million).
When 19 wallets were examined, the lowest purchase was found to be $411 thousand. Strong purchases from major wallets also increased interest on BLUR.
BLUR is pumping after the Season 2 #airdrop!
19 addresses bought a total of 51.3M $BLUR($21M) after the Season 2 #airdrop. pic.twitter.com/hvgByltM5I
— Lookonchain (@lookonchain) November 22, 2023
The enthusiastic purchases of large wallets and the staking of BLUR by a whale from OKX triggered the price increase.
According to CoinMarketCap data, BLUR has increased by 25 percent in the last 24 hours. With this increase, BLUR’s market value reached 484 million dollars. In addition, BLUR’s transaction volume in the last 24 hours increased by 50 percent and reached 479 million dollars.
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