39.46 Million BLUR Tokens Unlocked and Transferred from Blur's Unlock Contract to 0x0A0 Multisig Address, Worth Approximately $6.94 Million
According to Foresight News, Blur monitoring data reveals that 39.46 million BLUR (approximately $6.94 million) was unlocked from the Blur unlock contract and transferred to the 0x0A0 multi-signature address seven hours ago. The 0x0A0 multi-signature address simultaneously made a small deposit test to Coinbase Prime. These BLUR tokens are expected to flow into Coinbase Prime as they have in the past.
Since entering the unlock cycle on June 15, 2023, 28% (840 million) of the total BLUR supply has been unlocked and transferred to Coinbase Prime. At the time of the transfer, the value of these unlocked BLUR tokens amounted to $292.86 million.