TechFlow reports, according to Ember monitoring, 35.85 million BLUR (worth $6.67 million) were unlocked and transferred 25 minutes ago to the 0x0A0 multi-sig address. The 0x0A0 multi-sig address simultaneously conducted a small test deposit to Coinbase Prime, and this batch of BLUR is expected to flow into Coinbase Prime next, just as previous batches did.
Since BLUR entered its unlock cycle on June 15, 2023, a total of 25.47% (764 million tokens) of the total supply has been unlocked and flowed into Coinbase Prime. Valued at the price at the time of transfer, this amounts to $280 million.
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