According to Arkham data and on-chain analyst Ember, large BLESS transfers, minting, bridging, and sales across Solana, BNB Smart Chain, and Bitget have raised attention over added market supply after the rally.
Arkham data showed 99.9 million BLESS, worth about $654,800, minted from the null address to a newly created wallet, equal to roughly 5.15% of the token’s 1.94 billion circulating supply, after which the wallet sold tokens in repeated small on-chain transactions. Separately, on-chain analyst Ember reported that Bless project-linked addresses sold 500 million BLESS for $5.09 million after a recent price surge, including 100 million bridged from Solana to BNB Smart Chain and sold the same day, 200 million sent to Bitget, and 300 million sold on BNB Smart Chain. Together, the reported activity points to substantial token distribution and selling pressure across wallets, chains, and exchanges.