BLUR Unlocks 39.46 Million Tokens, Transfers to Coinbase Prime

COINOTAG news reported on September 18 that, according to Ember monitoring, BLUR has experienced another monthly unlocking event. Approximately 39.46 million BLUR (equivalent to 6.94 million US dollars) were released and transferred from the Blur unlocking contract to the 0x0A0 multi-signature address seven hours ago. Additionally, the 0x0A0 multi-signature address performed a small deposit test to Coinbase Prime. These unlocked BLUR tokens are expected to be moved to Coinbase Prime, continuing the established pattern from previous months. Since BLUR began its unlocking cycle on June 15, 2023, approximately 28% (or 840 million BLUR) of the total supply has been unlocked and directed towards Coinbase Prime. Valued at the price during the time of transfer, this amounts to 292.86 million US dollars.