PANews reported on December 18 that according to Onchain Lens monitoring, a whale deposited 23.8 million BLZ worth US$2.55 million into Binance after holding it for nearly a year.

The whale accumulated these BLZ at a price of $0.30 a year ago, worth $7.2 million. The whale is now facing a loss of $4.63 million. Recently, Binance announced the delisting of BLZ, causing the price to fall further by about 25%.