Blur (BLUR) has made it onto CoinMarketCap’s trending list for all of the wrong reasons today. According to the crypto market tracking website, BLUR is currently trading hands at $0.8193 after an unfortunate 12.43% drop in price over the last 24 hours. The crypto also reached a low of $0.7676 over the same time period.
BLUR price (Source: CoinMarketCap)
BLUR’s longer-term performance is also not b looking too great at the moment. The crypto is down by 29.09% over the last seven days, and in addition to this, it’s also in the red by more than 85% over the last month.
BLUR also weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH), by about 9.36% and 9.46% respectively over the last day. The altcoin’s 24-hour trading volume is currently in the green zone and now stands at $411,260,421 after a more than 78% decrease since yesterday. With its market cap of $322,755,037, BLUR is currently ranked as the 128th biggest crypto in terms of market capitalization.
The on-chain analysis platform Loononchain took to Twitter earlier today to share some new data about whales purchasing BLUR. According to the post, an address bought about 956,402 BLUR after the price of the crypto dropped below $0.9 a few hours ago.
This address was not the only one taking advantage of the crypto’s cheap price. Lookonchain revealed in another post that two other addresses also bought BLUR. One address sold 1.44 million X2Y2 and 1.51 million LOOKS to buy 440,648 BLUR. Another address sold 885,825 X2Y2 and 696,034 LOOKS to buy about 230,144 BLUR.
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The post Whales Sell Huge Amounts Of X2Y2 And LOOKS In Order To Buy BLUR appeared first on Coin Edition.
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Source: Cryptocurrency - investing.com
