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Bluzelle Whales Offload Millions of BLZ After Brief 38% Rally – Reason For Concern?

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According to on-chain analytics provider Lookonchain, an address associated with the Bluzelle company dumped 567,543 BLZ worth $158,000 earlier today as the BLZ price spiked 38%. The selling wallet “0x9614” has a pattern of distributing BLZ tokens after price rises. It has received a total of 33.5 million BLZ worth $6.5 million from the main
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