Lookonchain Data Monitoring Reveals Top Five Buyers of BLUR

02/15/2023 07:06 • NFT Newsflash • 145 views

According to reports, Lookonchain data monitoring showed that the top five buyers of BLUR bought $6.34 million BLUR from DEX at five addresses, with an average purchase price of $0.61. Among them, the address beginning with “0x367F” used 1379726 USDCs to buy 2041266 BLURs, with an average purchase price of US $0.68. The address starting with “0x9891” bought 1159390 BLURs at an average buying price of 0.69 US dollars. Purchase 1128092 BLURs with 561044 USDCs at the address beginning with “0x494a”, with an average purchase price of 0.50 dollars. Oilysirs.eth purchased 1025387 BLURs with 302 ETHs (US $469954), with an average purchase price of US $0.46. Gay.eth bought 987236 BLURs at an average price of US $0.66.

The top five buyers of BLUR bought $6.34 million BLUR from DEX at five addresses

Interpret the above information:

Lookonchain, a data monitoring platform, has revealed that the top five buyers of BLUR, a decentralized exchange (DEX), have bought a total of $6.34 million worth of BLUR at an average purchase price of $0.61 from five different addresses. The bulk of the purchases were made by four accounts, all of which purchased more than 1 million BLUR tokens.

One of the addresses, beginning with “0x367F,” purchased 2,041,266 BLUR tokens using 1,379,726 USDC stablecoins at an average price of $0.68 per token. Another address, starting with “0x9891,” bought 1,159,390 BLUR tokens at an average price of $0.69. The address with “0x494a” bought 1,128,092 BLUR tokens with 561,044 USDC at an average price of $0.50. Oilysirs.eth bought 1,025,387 BLUR tokens using 302 ETH (worth $469,954) at an average price of $0.46. Lastly, Gay.eth bought 987,236 BLUR tokens at an average price of $0.66.

These significant purchases suggest that these buyers are confident in the potential of BLUR, which has only been listed on a few exchanges. Furthermore, it is worth noting that the purchases were made on a DEX, which offers a decentralized trading experience that has been gaining traction. Unlike centralized exchanges, DEXs allow users to trade without any intermediaries or third parties.

This data shows a growing interest in the DEX market, which is often associated with transparency and greater security than centralized exchanges. As the cryptocurrency market evolves, DEXs are becoming a more popular choice amongst traders and investors, especially those who value the decentralized nature of blockchain technology.

In summary, Lookonchain’s data monitoring analysis has identified the top five buyers of BLUR, who have collectively spent a considerable amount of their crypto holdings on the token. This significant increase in demand highlights the growing popularity of DEXs and suggests that these buyers may see significant potential for BLUR in the future.

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Lookonchain Data Monitoring Reveals Top Five Buyers of BLUR

The top five buyers of BLUR bought $6.34 million BLUR from DEX at five addresses

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