NFT traders on Blur and Creators are eligible for the Season 2 airdrop.
You have 45 days to claim your $BLURpic.twitter.com/HrNtpt2t5z
— Blur (@blur_io) November 21, 2023
The airdrop campaign looks to incentivize further use of the platform, particularly after the bear market took a heavy toll on sales volumes.
Blur’s open-ended Season 2 airdrop allowed users to earn points towards a chance for BLUR by listing, bidding or lending NFTs. High-value trades earned more and whales are adding to the windfall of BLUR tokens received in the airdrop by accumulating more from the open market.
On-chain data tracker Lookonchain revealed earlier today that as the price of BLUR pumped following the airdrop, 19 addresses added 51.3 million BLUR. That was $21 million worth of the token purchased by top holders after 10 wallets received 85.69 million BLUR worth $27.25 million.
While a number of holders have looked to cash in on the airdrop, its likely whales are going to accumulate more. If the price ticks up further, bulls could be looking at a potential retest of April highs of $0.81 and February peak of $1.24.
