Is Blur a scam?
HIGH RISK · 67/100Blur (BLUR) has an automated risk score of 67/100 — high risk. Blur is controlled by a very small number of wallets: On-chain: the top 10 holders control 74.0% of supply (burn and labelled exchange/staking/LP wallets excluded; team/vesting contracts counted) — extreme concentration that allows single-hand price control. With this little distribution, the price can be pinned and dumped at will — the defining trait of a market-manipulation token. Down 100% from its all-time high — among the deepest drawdowns we measure. Market cap under $100M — moderate manipulation risk.
Automated assessment · updated 30 August 2026
Blur
blurHIGH RISK$0.0166
-4.66% (24h)
updating live price…
Risk Assessment
Risk Score
HIGH RISK
Driven primarily by drawdown from all-time high (25 of 25 points). Every contributing factor is itemised below.
measured 2026-08-30 · 7 factors evaluated
Here is what the public data shows about Blur, ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 100% from its all-time high — among the deepest drawdowns we measure.
- On-Chain Holder Concentration: On-chain: the top 10 holders control 74.0% of supply (burn and labelled exchange/staking/LP wallets excluded; team/vesting contracts counted) — extreme concentration that allows single-hand price control.
- Market Cap Risk: Market cap under $100M — moderate manipulation risk.
- Volume Anomaly: Volume at 15.9% of market cap — within normal range.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Why this asset is flagged as high-risk
The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.
Verified on-chain: after excluding burn and labelled exchange, staking and liquidity wallets (team/vesting contracts are counted), the top 10 holders control more than half of the supply. This is direct evidence that a handful of wallets can dictate the price and dump it at will
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
25/25
100%
How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.
Volume Anomaly
Trading Signals
1/20
5%
Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps
Market Cap Risk
Market Structure
3/15
20%
Small market caps can be trivially manipulated by a single large holder (whale)
On-Chain Holder Concentration
Tokenomics
22/22
100%
Verified holder data. Burn and labelled exchange, staking, bridge and LP wallets are excluded; unlabelled contracts (often team/vesting multisigs) are counted. Over 50% in the top 10 enables single-hand price control.
Not contributing (3): Supply Structure, Price Volatility, Transparency Gaps — 0 points.
Key Metrics
Protect Yourself
- • Never invest more than you can afford to lose entirely
- • Check token concentration — if top 10 wallets hold >50%, be cautious
- • Verify the team is public and doxxed
- • Read the smart contract audit before buying
- • Be wary of unrealistic APY promises
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Community Comments
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What the contract allows
Ethereum · measured 2026-09-09
Blur’s deployed contract grants its owner 1 privilege that can affect your position. These are properties of the code itself, not allegations about anyone’s conduct — many legitimate projects retain them deliberately.
Owner can mint new tokens
Supply is not fixed; new tokens can be created, diluting existing holders.
Checked and not present: change any wallet balance, pause all transfers, blacklist wallets, ownership can be reclaimed after renouncing, contract has a hidden owner, contract can self-destruct.
Source code: published and verified, so the deployed bytecode can be independently reviewed.
Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.
How we counted holders here
Ten largest wallets
75.9%
including custodial
Largest private wallets
74.0%
after excluding 3
3 of Blur’s ten largest holders are labelled exchange, market-maker, treasury or vesting, liquidity-pool, staking, bridge, multisig or burn addresses — supply that is custodied, pooled or destroyed rather than sitting in one person’s wallet. Separating them out moves the top-10 figure by 1.9 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.
Wallets excluded from the top 10
| Address | Classified as | Label | Share |
|---|---|---|---|
| 0x70c9…9f29 | Exchange wallet | Bithumb · Bithumb: Hot Wallet | 3.05% |
| 0xf977…acec | Exchange wallet | Binance 8 | 2.46% |
| 0x5a52…efcb | Exchange wallet | Binance · Binance 28 | 2.00% |
Classification applied to the 100 holder records returned for this contract; 85 remained after exclusions · measured 2026-08-30. Custodial wallets are identified by public address labels, so an unlabelled one may still be counted as private — this correction is a floor, not a guarantee.
Blur holder-concentration history
1 daily measurement · +0 pts over the period
FraudCoins.com has measured the share of Blur’s supply held by its top 10 non-exchange wallets on 1 day since 30 Aug 2026. The highest reading was 74% on 30 Aug 2026; the most recent reading is 74% on 30 Aug 2026.
Composite risk score (0–100)
Recorded measurements (1)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 74% | Yes |
Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.
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Frequently asked questions about Blur
Is Blur a scam?
We do not allege that Blur (BLUR) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 74% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 67/100 on our automated scale, which we label high risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.
Why is Blur flagged as high risk?
Blur's risk score is driven mainly by: drawdown from all-time high — Down 100% from its all-time high — among the deepest drawdowns we measure; on-chain holder concentration — On-chain: the top 10 holders control 74.0% of supply (burn and labelled exchange/staking/LP wallets excluded; team/vesting contracts counted) — extreme concentration that allows single-hand price control; market cap risk — Market cap under $100M — moderate manipulation risk.
Who controls Blur's supply?
On-chain data shows the top 10 holders of Blur control 74.0% of the supply, after excluding burn and labelled exchange, staking, bridge and liquidity wallets. At that level, a small number of wallets can move the price at will and sell their position at once.
Is Blur safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Blur scores 67/100 (high risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.