Odaily News On-chain analyst Ember monitored that two BLUR staking whales redeemed BLUR and transferred it to the exchange after receiving the BLAST airdrop (partially unlocked). 1. After receiving the unlocked 1 million BLAST, the 0x8bc...7be address redeemed 12.52 million BLUR (US$2.71 million) from the Blur staking contract, and then transferred 8.04 million BLUR (US$1.74 million) to Binance. 2. After receiving the unlocked 1 million BLAST, the 0x4aa...745 address redeemed 8.39 million BLUR (US$1.79 million) from the Blur staking contract, and then transferred it to Bybit. For these two whales: the 1 million BLAST issued is currently worth only US$20,000, and their BLUR costs are all above US$0.5, and the current BLUR price is only US$0.22.