🚨 Blur Unlocks 39.46M BLUR ($6.93M) for Distribution to Coinbase
11 hours ago, Blur unlocked 39.46M BLUR ($6.93M) from its token lockup contract, with plans to transfer them to Coinbase for distribution.
Blur’s Token Lockup Address: 0x3f1be79ab382f21c284008df07e3d169867db647
🔓 Key Unlocking Milestone
Since Blur started its unlocking cycle on June 15, 2023, a staggering 840.4M BLUR (26.6% of the total supply) has been unlocked and transferred into Coinbase Prime for monthly distribution. These tokens were valued at $292M based on their prices at the time of the unlocks.
💰 Remaining BLUR Supply
Currently, the token lockup contract still holds 614.60M BLUR ($108.04M), which will be unlocked over time.
Blur’s systematic release of tokens may affect market prices and token distribution—definitely something to watch for investors and traders!
