- BLUR is trading at its intraday low of $0.4851 after witnessing a downfall of 7.05% in one day.
- Lookonchain noticed a lot of selling activity from whales and institutional investors, totaling 16.5 million BLUR.
- BLUR’s price correction may be moving in falling wedge pattern in an uptrend market.
Waking up to today’s trading floor, analysts and traders have noticed a significant drop in BLUR’s prices. According to CoinMarketCap, BLUR is trading at its intraday low of $0.4851 after witnessing a downfall of 7.05% in one day.
BLUR, valued at $0.4845, continues to move downward while making a brief attempt to escape this bear trap. Furthermore, the 39.40% tumble in BLUR’s trading volume could indicate a shift in investor sentiment and a slowdown in market activity.
Lookonchain, an on-chain market analytical platform, noticed a lot of selling activity from whales and institutional investors, totaling 16.5 million BLUR. Highlighting the selling activity of these whales, the platform reported that a whale deposited the airdropped 2.54 million BLUR to Binance. At the time of reporting, it was est…
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