Blur's Regular 35.85M Unlock Moved to Multi-Sig Address

IconCryptoNewsTerminal Staff15 Jul, 2024

cryptonews.jpg

Blur's Regular 35.85M Unlock Moved to Multi-Sig Address

On Friday, on-chain analyst AmberCN reported that 35.85 million BLUR tokens ($66.7 million), representing the regular unlock, were sent to a multi-signature address beginning with "0x0A0." A tiny part was transferred to Coinbase Prime for testing. The remaining amount is expected to be deposited into Coinbase Prime, as is customary. This follows earlier unlocks of 764 million BLUR ($2,882.8 million), or 25.47% of total supply, distributed to Coinbase Prime since June 2023 through BLUR's monthly regular unlocks.

Related News