TechFlow reports, according to EmberScan, 39.46 million BLUR (approximately $6.94 million) were withdrawn from the Blur unlock contract to the 0x0A0 multisig address seven hours ago. The 0x0A0 multisig address simultaneously conducted a small test deposit to Coinbase Prime, suggesting these BLUR tokens are likely to be transferred to Coinbase Prime as they have been previously.
Since BLUR entered its vesting period on June 15, 2023, 28% (840 million) of the total supply has been unlocked and transferred to Coinbase Prime, amounting to $292.86 million based on prices at the time of withdrawal.
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