- Blur saw renewed interest from whales as Blast gained popularity.
- Lido also reaped the benefits from the rising interest in Blast.
Blast, the upcoming layer-2 blockchain scheduled to launch in March, has recently attracted over $225 million in staked ETH [stETH]. Despite facing skepticism from some crypto investors, Blast distinguished itself as the first layer-2 network with native staking.
The network’s future plans involve generating yield through Ethereum [ETH] and other assets.
It’s all a BLUR
Heading the project is PacmanBlur, co-founder of the popular NFT marketplace Blur [BLUR]. Blast’s appeal is further amplified by the backing it has received from crypto investment firm Paradigm.
Due to these factors, the price of BLUR witnessed a surge in interest. Lookonchain’s data revealed that machibigbrother.eth, a notable investor, had purchased massive amounts of the token until press time.
The investor spent 415 ETH (equivalent to $856k) and acquired 1.54 million BLUR at $0.56 each. This ongoing buying activity showed how hopeful the investor was about the future of the token.
machibigbrother.eth is buying $BLUR again.
He has spent 415 $ETH($856K) to buy 1.54M $BLUR at $0.56 again in the past 40 mins.
And has bought a total of 2.84M
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Author: Himalay PatelDid you like this?
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