TechFlow reports, according to on-chain analyst Yujin's monitoring, today marks BLUR's monthly unlock event. Five hours ago, 36.78 million BLUR ($5.64 million) were unlocked from the Blur vesting contract and transferred to the 0x0A0 multi-sig address. The 0x0A0 multi-sig address has simultaneously conducted a small test deposit to Coinbase Prime, indicating these BLUR tokens will, as in previous months, subsequently flow into Coinbase Prime.
Since BLUR entered its unlock cycle on June 25, 2023, a total of 26.6% (800 million) of the total supply has been unlocked and flowed into Coinbase Prime. Valued at the price at the time of transfer, this amounts to $285.92 million.
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