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 Title Service (ENS) tag known as “hanwe.eth” claimed a complete of twenty-two,851,000 Blur (BLUR) tokens within the season two airdrop of Blur. On the time of writing, coin value tracker CoinGecko confirmed the quantity is value round $11.2 million.
It is time to BLAST OFF. I simply acquired 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 Commonplace Crypto. pic.twitter.com/jDKgc0wInS
— Hanwe (@HanweChang) November 21, 2023
The tip-of-season airdrop is among 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 differ relying on customers’ actions inside the NFT trading platform. In the newest airdrop, Blur allotted a complete reward pool of 300 million tokens value $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 glad with the Blur rewards acquired 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 value round $2.9 million. On Feb. 25, Hwang bought 1,010 NFTs in 48 hours in what some think about the biggest NFT dump ever. Nansen’s Andrew Thurman stated it could possibly be “one large wash commerce” to generate income 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 day by day Ether (ETH) trading quantity earlier this yr. On Feb. 18, OpenSea was prompted to implement a 0% payment construction to win again its person base from its up-and-coming competitor.
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