Machi Big Brother (@machibigbrother) has recently redirected his investment strategy, moving away from accumulating $FRIEND and focusing instead on
Machi Big Brother, a prominent cryptocurrency investor known for his large-scale $FRIEND token purchases, has recently shifted his focus to another token: $BLAST.
According to on-chain data analysis, Machi has spent a total of 1,464 ETH (approximately $3.86 million) to acquire 350 million $BLAST tokens since August 5. This massive purchase has made him the largest individual holder of $BLAST.
The recent shift in Machi's investment strategy is evident from his latest on-chain activities. As observed by crypto data trackers, Machi has been accumulating $BLAST tokens on a large scale.
According to on-chain data analysis, a total of 1,464 $ETH ($3.86M) has been used by Machi to acquire 350M $BLAST tokens since August 5, making him the biggest individual holder of $BLAST.
This bulk purchase also contributes to Machi's ongoing efforts to collect the majority of the circulating supply of $BLAST, which currently stands at 1.2 billion tokens.
Moreover, Machi's large-scale $BLAST token acquisition has a significant impact on the token's price movements in the market. As noted by crypto data trackers, the price of $BLAST soared by 25% following each of Machi's major purchases.
Point to note: This piece of news is generated by an AI assistant and is not intended to provide financial advice. Always conduct thorough research before making any cryptocurrency investments.
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