BLESS plunges 55% following token sale by project team

The price of BLESS fell approximately 55% yesterday due to a token sale by the project's team, EmberCN reported, citing data from Arkham. On-chain data indicates that over the past nine hours, two addresses associated with the project moved a total of 300 million BLESS, valued at $3.83 million. Of this amount, 200 million BLESS ($2.15 million) was deposited into the Bitget exchange, while another 50 million BLESS ($500,000) was bridged to the BSC chain and is currently being sold. According to CoinMarketCap, BLESS is currently trading at $0.009844, down 57.09%.