The post Blur Token Transfer Sparks Activity On Coinbase Prime appeared on BitcoinEthereumNews.com.

In recent activity, 36.78 million BLUR tokens, valued at approximately $5.64 million, were unlocked and moved from the Blur unlocking contract to the 0x0A0 multi-signature address five hours ago. Following this, the 0x0A0 address conducted a small test deposit to Coinbase Prime. This move indicates that the BLUR tokens will soon be available on the platform. BLUR Token Unlocking Phase  Since Blur’s unlocking phase began on June 15, 2023, approximately 26.6% of the total BLUR supply—equivalent to 8 billion tokens—has been unlocked and transferred to Coinbase Prime. At the time of these transfers, this amounted to $285.92 million in value. 又是 BLUR 一月一期的解锁时间： 3678 万 BLUR ($5.64M) 在 5 小时前从 Blur 解锁合约解锁转出至 0x0A0 多签地址，0x0A0 多签地址同时向 Coinbase Prime 进行了小额存款测试，这些 BLUR 会像之前一样随后进入 Coinbase Prime。 自 2023/6/15 BLUR 进入解锁周期以来，已有 26.6% (8 亿) 总量的 BLUR… https://t.co/CH60ZWLxEr pic.twitter.com/9aqG3Ft1yi — 余烬 (@EmberCN) August 16, 2024 Currently, the Blur token lockup contract retains 654.07 million BLUR tokens, worth about $99.9 million. Despite these developments, the price of BLUR has experienced a recent drop of 3.32% over the past hour. This decrease comes amid ongoing market adjustments and the increasing flow of tokens into major trading platforms. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news! Image Source: oldshen/123RF // Image Effects by Colorcinch Source: https://nulltx.com/blur-token-transfer-sparks-activity-on-coinbase-prime/

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Filed under: News - @ August 18, 2024 2:46 am