PANews reported on December 18 that according to monitoring by on-chain analyst Yu Jin, affected by Binance’s announcement today that it will delist BLZ, a BLZ whale/institution transferred 156.5 million BLZ (approximately US$15.89 million) to Binance in the past half hour, accounting for 31% of the total BLZ (a total of 500 million).

These BLZ were withdrawn from Binance by the whale/institution through 5 addresses between August 2023 and January 2024. The average withdrawal price was $0.138. During this period, BLZ was pulled up more than 7 times.

Update : The whale transferred another 21.92 million BLZ to Binance, accounting for 36% of the total BLZ.