Crypto whale 0xe8f, a major holder of Bluzelle (BLZ), has recently increased their holdings by securing an additional 11.1 million BLZ ($2.06 million) from Binance at an average price of $0.185 per token. This follows a prior procurement of 52.82 million BLZ ($4.72 million) two months ago at an average price of $0.08938 each, before a significant price increase.

The total holdings of this crypto whale now stand at 63.92 million BLZ ($11.82 million), which constitutes 12.8% of the total BLZ supply. This investor has not accumulated any other tokens, leading to an unrealized gain of $5.25 million (77.4%).

Whale 0xbf2, another significant holder in the BLZ market, owns 56,959,910 BLZ ($6.74 million), representing 11.4% of the total supply. These tokens were deposited from Binance on August 16, 2023. This investment has resulted in an unrealized profit of $5.77 million (+116%).

The recent activities of these major holders indicate a strong interest in Bluzelle, contributing to its market dynamics and potentially influencing its price movement in the crypto market.

https://www.investing.com/news/cryptocurrency-news/crypto-whale-0xe8f-increases-bluzelle-holdings-realizing-significant-gains-93CH-3204964