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Blur Plunges 7% After Machi Big Brother Transfers All His Tokens to Binance ► https://t.co/cRv9jmpXEd https://t.co/cRv9jmpXEd
JUST IN: JEFFREY HUANG AKA MACHI BIG BROTHER, REPORTEDLY SOLD ALL HIS BLUR HOLDINGS, INCURRING $3.16M LOSS
Machi Big Brother has deposited all 18M $BLUR($3.1M) at $0.17 to #Binance at a loss in the past 2 days. He bought 12.44M $BLUR at an average price of $0.51 between Nov 23, 2023 and Jun 18, 2024. https://t.co/n1YscD1es6 https://t.co/e8jSS3AZHN
Machi Big Brother, also known as Jeffrey Huang, has sold all of his BLUR holdings, incurring a loss of approximately $3.16 million. Over the past two days, he deposited all 18 million BLUR tokens, valued at $3.1 million at $0.17 per token, into Binance. This massive sell-off caused the price of BLUR to drop by 7%, according to Spot On Chain. Machi Big Brother had previously purchased 12.44 million BLUR tokens at an average price of $0.51 between November 23, 2023, and June 18, 2024.
