Bluzelle (BLZ) has struggled since March. However, the recent spike in the asset’s trading activity has sparked a bull run for BLZ.
Data provided by Coinglass suggests that the derivatives trading volume of Bluzelle rose by 300% over the past 24 hours, surpassing $2.5 billion.
In addition, BLZ is trending on Binance, Bybit, and Bitget crypto exchanges, with most traders aiming at long trades.
Author: Wahid Pessarlay
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