BLUR tokens have recently experienced a significant outflow from exchanges. Since December 11, the net outflow from exchanges has reached 160 million BLUR, and the total exchange balance has decreased from 1.6 billion to 1.44 billion.

What’s more noteworthy is the movement of large holders over the past 60 days. Six new wallet addresses (including 3 belonging to top EOAs) have gradually transferred 189 million BLUR from a leading compliant platform and Asian exchanges, with transaction prices mainly ranging from $0.03 to $0.033. This withdrawal scale is quite substantial — accounting for 13% of the total exchange BLUR balance and 38.6% of the circulating supply.

This series of data reflects that institutions and large holders are continuously accumulating BLUR, possibly indicating a long-term bullish outlook among market participants. The ongoing decline in exchange balances is often accompanied by bullish market signals.