The Bless team is suspected of once again selling nearly 100 million tokens, causing a temporary price drop of over 10%.
BlockBeats News, April 25th, according to Arkham Data, a new address (0xa6a...1323) received 99 million BLESS tokens from a cross-chain bridge 36 minutes ago, valued at approximately $654,800 at the time. Subsequently, the new address began rapidly selling small amounts of the token, causing a short-term price drop of over 10%.
Earlier, Bless's team sold 300 million BLESS tokens ($3.83 million) on the 16th, causing a 71% price drop. Of these, 200 million tokens were sent to Bitget for sale, and 100 million tokens were sold on the BSC chain.
On the 20th, the team continued to sell, transferring 100 million BLESS tokens ($600,000) from the SOL chain to the BSC chain for sale. They have now sold 37.84 million BLESS tokens for 334 BNB, worth $210,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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