Seven wallets (likely one entity) jointly deposited 178.427M BLZ ($17.51M), or 35.7% of the total supply, to Binance via the same deposit address at an average price of $0.09812 in the past hour:

1. address: 0xf3ae30b70140668afeea42ff02944dc782000383
2. address: 0xbf2b177901b4e8fa4ce7ec4ae59646bcefb25b33
3. address: 0x20b1112559e7a89f719c0bdbc2e5570dd84032c2
4. address: 0xe84143d5ca5c475474d2ab9aad52004ebf0d3736
5. address: 0xe8f12e0f2c9c95665a0ceec461f0636d948a8153
6. address: 0x3fc84692a8457289bb9792facd9e02548d4adb8e
7. address: 0x520946f2a757a982f9756bd0d2a9c68b85914056
8. Binance deposit address: 0x431DfE1158032F6a780C9ad70f3eeB9d164af9e6

Overall, there are a total of 8 wallets that withdrew BLZ from Binance between August 15, 2023, and June 10, 2024, and then offloaded their tokens via the same Binance deposit address above. These wallets likely belong to the same entity.

Notably, this large-scale offloading marked the end of the entity's first BLZ trade with an estimated loss of $13.12M (-38.4%) after 1.33 years:

• withdrew 196.432M BLZ from Binance at an average price of $0.174 (estimated cost: $34.16M) between August 15, 2023, and June 10, 2024;
• gradually deposited all tokens back to Binance at an average price of just $0.107 ($21.03M) between August 21, 2023, and December 18, 2024.

Today, Binance announced it will delist BLZ on December 25, 2024, likely prompting this entity to dump BLZ. The BLZ price dropped 34.33% in the past 24 hours.

Fig 1. 7 wallets (likely one entity) jointly deposited 178.427M BLZ ($17.51M), or 35.7% of the total supply, to Binance in the past hour.

Fig 2. The overall BLZ trading history of the entity with 8 wallets.

Fig 3. The BLZ token flow of the entity with 8 wallets.