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The Big Brother: A Whale Moves Cryptocurrency into Blur Platform

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On February 23, according to the monitoring of Lookonchain, the address of Huang Licheng (beginning with 0x020c), the \”Big Brother\”, converted 5 million USDTs …

The Big Brother: A Whale Moves Cryptocurrency into Blur Platform

On February 23, according to the monitoring of Lookonchain, the address of Huang Licheng (beginning with 0x020c), the “Big Brother”, converted 5 million USDTs into 3051 ETHs at an average price of US $1639 in the past 24 hours and deposited them on the Blur platform. In addition, he also converted about 250000 APEs into 835 ETHs and also deposited them on the Blur platform.

Data: Huang Licheng has deposited nearly 4000 ETHs into the Blur platform in the past 24 hours

Interpretation of the news:


The cryptocurrency community is abuzz with the recent movements made by the enigmatic figure known as “The Big Brother.” According to the monitoring of Lookonchain, an address belonging to Huang Licheng, nicknamed The Big Brother, converted a whopping 5 million USDT (Tether) into 3051 ETH (Ethereum) at an average price of US$1639 on February 23, 2021. These coins were then deposited to the Blur platform.

This move by The Big Brother is significant because it indicates that he is a whale in the cryptocurrency world, an individual or entity with very deep pockets who can influence the market with their trades. By converting such a large sum of USDT to ETH, he is betting on the future of the Ethereum blockchain, suggesting that he believes that it will continue to gain in popularity and value.

In addition to the USDT-to-ETH conversion, The Big Brother also moved about 250,000 APEs, a token associated with the project ApeSwap Finance, into 835 ETH on the Blur platform. This shows that The Big Brother is not only invested in Ethereum, but also interested in potentially profitable altcoins.

The Blur platform, where The Big Brother deposited his ETH and APEs, is a decentralized exchange based on the Ethereum network. It aims to provide easy-to-use, high-privacy trading options in a way that avoids the security risks and trust issues associated with centralized exchanges.

While The Big Brother’s motives remain unclear, this move signals that he is a significant player in the world of cryptocurrency, moving major sums of money to secure his assets and potentially influencing the market in the process. It’s also notable that he chose the Blur platform for his trades, perhaps signaling that he values privacy and security in his transactions.

In conclusion, The Big Brother’s recent moves have garnered attention in the cryptocurrency world, with many speculating about his motivations and what they might mean for the market as a whole. Whether he’s diversifying his portfolio or signaling confidence in Ethereum and other altcoins, one thing is clear: The Big Brother is a whale with a significant amount of cryptocurrency at his disposal.

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