# BLURnder

By [aundingoya.eth](https://paragraph.com/@aundingoya.eth) · 2024-07-14

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Blur's value dropped 7% today after Jeffrey "Machi Big Brother" Huang moved his entire $3.1 million BLUR token stash to Binance. The token hit a low of $0.1596 amidst the sell-off but has slightly rebounded to $0.1621 at the time of writing, according to CoinGecko.

Blur, the token of the Blur NFT marketplace launched with backing from Paradigm, once dominated NFT trading but has since faced criticism for its trading model. Huang, a significant lender on the platform, has been active in discussions about Blur's declining value.

Recently, Huang discussed selling his BLUR tokens amid concerns over its price and engaged with the community on Discord regarding staked token withdrawals. His moves were closely monitored on blockchain analytics platforms.

Despite its association with Blur founder Tieshun Roquerre's new project, Blast, Blur users have voiced dissatisfaction with the platform's direction.

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*Originally published on [aundingoya.eth](https://paragraph.com/@aundingoya.eth/blurnder)*