39.46 Million BLUR Transferred to 0x0A0 Multisig Address from Blur's Unlock Contract 7 Hours Ago

Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
Back Icon Image

According to Golden Finance, on-chain analyst Emberwatch has monitored the transfer of 3,946 BLUR tokens (worth $6.94 million) from the Blur unlock contract to the 0x0A0 multi-signature address seven hours ago. The 0x0A0 multi-signature address also conducted a small deposit test to Coinbase Prime. These BLUR tokens will likely flow into Coinbase Prime, similar to previous transfers.

Since entering the unlock period on June 15, 2023, 28% (840 million) of the total BLUR supply has been unlocked and transferred to Coinbase Prime. At the time of transfer, this represented a value of $292.86 million.

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.