Blur officially transferred 23.8 million tokens unlocked this month to Coinbase Prime, worth $2.3 million

Odaily News According to on-chain analyst Ember, Blur, which unlocks BLUR once a month, transferred 23.8 million BLUR (US$2.3 million) unlocked this month to Coinbase Prime one hour ago.
Since entering the unlocking cycle in June 2023, 35.6% of the total BLUR (1.068 billion) has been unlocked and transferred to Coinbase Prime to enter the market circulation. Calculated at the price at the time of unlocking and transfer, it is worth 340 million US dollars, with an average transfer price of 0.318 US dollars, while the current price of BLUR is only 0.096 US dollars.