Bless Network: Sells 400M Tokens | Flash News Detail | Blockchain.News
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4/20/2026 2:03:00 AM

Bless Network: Sells 400M Tokens

Bless Network: Sells 400M Tokens

Bless project dumps 400M $BLESS tokens worth $4.43M, triggering 71% price crash amid Solana to BSC transfers and sales.

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The Bless project team at @theblessnetwork unloaded 300 million $BLESS tokens valued at $3.83 million a few days back, slamming the price down by 71%—with 200 million funneled to Bitget for sale and 100 million dumped on BSC. Today, four hours ago, they bridged another 100 million $BLESS worth $600,000 from Solana to BSC and started selling, offloading 37.84 million so far for 334 BNB equaling $210,000. This relentless sell-off echoes broader crypto market crash vibes, pressuring BLESS price prediction models amid volatile token dumps.

From a technical confluence standpoint, $BLESS trades at $0.01 in a clear bearish structure, where the EMA50 and EMA200 both hover at $0.01 acting as immediate overhead resistance that price can't punch through. MACD signals a death cross at -0.0, confirming sellers dominate, while RSI at 36.02 stays neutral but leans toward oversold territory that could invite brief bounces. Price sits inside the Bollinger Bands, testing the upper resistance at $0.01 without conviction, suggesting exhaustion sets in—watch for a drop to the lower support near $0.0 if selling pressure mounts, much like recent dumps in Bitcoin and BTC-linked alts during this crypto sell-off impact.


余烬

@EmberCN

Analyst about On-chain Analysis