The Bless token experienced a sharp decline of approximately 55% within nine hours, following a suspected sell-off by the project team. On-chain analysis by @EmberCN revealed that two addresses on the Solana blockchain transferred a total of 300 million BLESS tokens, valued at around $3.83 million. Of these, approximately 200 million tokens, worth $2.15 million, were moved to the Bitget exchange. Additionally, about 50 million tokens, valued at $500,000, were bridged to the Binance Smart Chain (BSC) and sold on-chain. The cross-chain address has reportedly sold around 10 million tokens, receiving approximately 125,000 USDT in return.
Bless Token Plummets 55% Amid Suspected Sell-off by Project Team
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