BLZ early market makers may have sold a total of 1.19 million BLZ tokens since last week and are still continuing to sell

ChainCatcher news, according to crypto KOL @ai_9684xtpa's monitoring, early market makers/investors of BLZ are continuously selling their tokens. Before the second round surge of BLZ (on October 24), address 0x961 started dumping tokens through Uniswap, having sold a total of 1.19 million tokens so far, and is still continuing to sell.

It is worth noting that the funds from the selling address come from the second largest BLZ holding address, which had allocated 11.46 million BLZ tokens to DWF Labs as market-making funds. Between January 23, 2021, and August 19, 2023, address 0x961 has gradually deposited a total of 18.1 million BLZ tokens to Binance, but since last week, this address has begun to directly sell on-chain using Uniswap.