Jul 11, 22:48
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Machi Big Brother allegedly dumped the last 5M BLUR via Binance
Outflow
Related addresses
Total tokens transferred
5M
BLUR
Related transactions
Machi Big Brother just deposited the remaining 5M BLUR ($816K) to Binance:
- transaction: 0xc41a8c7a810b33010c578d26765148591d69948f5bbd300f063b257fe8c23a47
- address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872
In total, Machi Big Brother deposited 18.4M BLUR via 7 transactions to Binance at an average price of $0.17 ($3.13M) in the past 20 hours, allegedly causing the price to drop after each deposit.
Overall, Machi Big Brother appears to have suffered an estimated cumulative loss of $1.83M from BLUR. Here is the summary of Machi Big Brother's BLUR activities:
1. The Airdrop Phrase:
- received 1.848M BLUR in the airdrop on February 15, 2023;
- immediately sold them for $1.31M worth of USDT and ETH on February 15 and 16, 2023.
2. The Profitable Trade:
- bought 350,000 BLUR using 159,911 USDC and 16.13 ETH (total cost: $186K) at an average price of $0.53 on March 11 and 13, 2023;
- sold them for 115 ETH (then $206K) at an average price of $0.589 on March 31, 2023;
- realized an estimated profit of $20.65K (+11.1%).
3. The Big Loss:
- accumulated 12.446M at an average price of $0.507 (estimated cost: $6.30M) between November 24, 2023, and June 19, 2024;
- sent all tokens to the "Blur: Staking" contract to earn more tokens;
- received back 18.47M BLUR (then $2.71M) from the staking contract on July 5, 2024;
- allegedly sold them via Binance and CowSwap at $0.17 on average ($3.14M) in the past 6 days;
- realized an estimated loss of $3.16M (-50.2%).
Lastly, please note that other notable holdings of Machi Big Brother are not doing well either! Currently, he holds:
- 280M BLAST ($4.53M) with an estimated loss of $1.56M (-26%);
- 8.8M FRIEND ($1.71M) with an estimated loss of $13.8M (-79.8%).
Fig 1. Machi Big Brother allegedly dumped 18.4M BLUR ($3.13M) via Binance in the past 20 hours.
Fig 2. Machi Big Brother's overall BLUR trading history via wallet 0x020.