Whales load up on BLUR after Season 2 airdrop

8:55 pm
November 22, 2023

# Whales Load Up on BLUR After Season 2 Airdrop

## Summary:
Blur (BLUR) has been on the rise, outperforming other altcoins with a substantial 35% upside. A surge in whale activity is seen following the completion of Blur’s Season 2 airdrop, showcasing an increased interest in the token. The data shows that significant buying activity was recorded after the airdrop, leading to a surge in the price of BLUR to $0.52, its highest level since late May. This has piqued interest in the crypto market, particularly amidst the ongoing bearish pressure faced by top coins and tokens.

Blur’s recent airdrop campaign aims to incentivize further utilization of the platform, especially amid a downturn in sales volumes during the bear market. The campaign allowed users to earn points for a chance to receive BLUR by engaging in activities such as listing, bidding, or lending NFTs, and whales seem to be capitalizing on this windfall by accumulating more tokens from the open market.

### Blur Token Surges After Season 2 Airdrop
The completion of Blur’s Season 2 airdrop has triggered a surge in whale activity, indicated by significant purchases made by large holders. The data reveals that as the price of BLUR surged after the airdrop, 19 addresses collectively added 51.3 million BLUR, worth $21 million. This follows a previous accumulation wherein 10 wallets received 85.69 million BLUR, valued at $27.25 million, indicating a substantial bullish sentiment.

It’s worth noting that while some holders may consider cashing in on the airdrop, whales seem poised to continue accumulating more BLUR. With the price potentially poised for further upward movement, there is anticipation regarding a potential retest of previous highs.

## FAQ

### What is the significance of Blur’s Season 2 airdrop?
The Season 2 airdrop for Blur incentivizes users to engage with the platform by completing various activities related to NFTs, such as listing, bidding, or lending, in exchange for BLUR tokens.

### Why is whale activity following the airdrop notable?
The surge in whale activity following the airdrop indicates a strong bullish sentiment towards the BLUR token. Large holders actively accumulating the token suggests confidence in its future performance.

### What potential price levels are being discussed for BLUR?
With the price of BLUR on the rise, there is anticipation about a potential retest of previous highs, with a focus on reaching the April highs of $0.81 and February peak of $1.24.


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