Bless-Linked Wallets Move 300 Million BLESS as Token Drops 55%

Bless-Linked Wallets Move 300 Million BLESS as Token Drops 55%

New transfers show another 50 million BLESS moved from Solana to BNB Chain, while on-chain sales on BSC add to earlier distribution activity involving Bitget and project-linked addresses.

USDT
BNB
SOL

Fact Check
The claim is substantially supported by Bless项目方将额外5000万枚BLESS从Solana跨链至BNB Chain | PANews, which specifically says an additional 50 million BLESS was bridged from Solana to BNB Chain after an earlier 300 million BLESS transfer, and that on-chain BSC selling continued while 200 million of the earlier amount went to Bitget. Bless Token Drops 55% After Suspected Team Sell-off | Phemex News independently repeats the key figures: roughly 300 million BLESS moved, about 200 million to Bitget, about 50 million to BSC, and a roughly 55% price drop. The upstream source for these reports is identified as https://x.com/EmberCN/status/2044746255885332718 by both PANews and Odaily newsflash 477049. However, because the EmberCN post itself could not be directly fetched in this run, the strongest evidence available is still secondary reporting based on that post. Also, the wording 'project-linked wallets' is plausible from the reports' phrasing but not independently verified on-chain here. So the statement is likely true, with moderate rather than high confidence.
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Summary

Bless-linked wallets previously moved 300 million BLESS worth about $3.83 million as the token fell 55%. The update says another 50 million BLESS, worth about $590,000, was transferred from Solana to BSC, also referred to as BNB Chain. It also states that the team has sold 56.76 million BLESS on BSC for 228,000 USDT and 416.4 BNB, worth about $258,000. Of the earlier 300 million BLESS moved, 200 million went to Bitget.

Terms & Concepts
  • BNB Chain: A blockchain network used for token transfers, trading activity, and decentralized applications in the BNB ecosystem.
  • USDT: A dollar-pegged stablecoin commonly used in crypto trading and settlements.
  • BSC: BNB Smart Chain, a blockchain network in the BNB ecosystem commonly used for token transfers and decentralized trading.