A pseudonymous nonfungible token (NFT) dealer made round $11 million within the latest airdrop reward distribution carried out by the NFT market Blur.
Dune analytics information confirmed {that a} pockets with the Ethereum Identify Service (ENS) tag referred to as “hanwe.eth” claimed a complete of twenty-two,851,000 Blur (BLUR) tokens within the season 2 airdrop of Blur. On the time of writing, coin worth tracker CoinGecko confirmed that the quantity is price round $11.2 million.
It is time to BLAST OFF. I simply obtained 22851000 $BLUR from @BLUR_io’s Season 2 drop. Season 3 begins NOW and is powered by @BLAST_L2, the one L2 with native yield backed by Paradigm and Normal Crypto. pic.twitter.com/jDKgc0wInS
— Hanwe (@HanweChang) November 21, 2023
The top-of-season airdrop is without doubt one of the methods employed by Blur to draw merchants to make use of its platform. Blur rewards those that traded NFTs on the platform on the finish of every season.
The rewards fluctuate relying on customers’ actions inside the NFT buying and selling platform. In the newest airdrop, Blur allotted a complete reward pool of 300 million tokens price $146 million at present BLUR costs.
Largest quantities claimed on the latest Blur airdrop. Supply: Dune
Round 38,000 addresses have already claimed their rewards, placing the overall variety of claimed tokens at 267 million. Nevertheless, not everyone seems to be happy with the Blur rewards obtained on the finish of the season.
Fuck @blur_io and @PacmanBlur
— Machi Huge Brother (@machibigbrother) November 21, 2023
NFT whale Jeffrey Hwang, generally often known as Machi Huge Brother, cursed at Blur after receiving 6 million tokens price round $2.9 million. On Feb. 25, Hwang offered 1,010 NFTs in 48 hours in what some contemplate the most important NFT dump ever. Nansen’s Andrew Thurman stated it may very well be “one massive wash commerce” to generate earnings via the Blur airdrop, as Hwang nearly instantly purchased again 991 of the NFTs.
Associated: NFT gross sales quantity jumps to $129M in November — Nansen information
Blur surpassed OpenSea in each day Ether (ETH) buying and selling quantity earlier this 12 months. On Feb. 18, OpenSea was prompted to implement a 0% price construction to win again its person base from its up-and-coming competitor.
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