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News

BLUR Tokens Unleashed: 49.37M Head to 0x0A0 Address, Stay Informed!

August 15, 2023 - Around 2 mins mins to read

Key Points:

  • Monthly unlocking nears 50M, $13.95M worth transferred.
  • Speculation on Coinbase Prime and Wintermute involvement for distribution.
Approximately 49.37 million $BLUR tokens, amounting to around $13.95 million, were recently unlocked and successfully transferred to the address 0x0A0.
BLUR Tokens Unleashed: 49.37M Head to 0x0A0 Address, Stay Informed!

This transfer has captured the attention of the cryptocurrency community.

The unlock of BLUR tokens has become a monthly occurrence, specifically on the 15th day of each month. The scale of this latest unlocking has brought the monthly quantity close to the significant milestone of 50 million tokens.

Drawing insights from the patterns of the past two months’ unlocking and transfers, it’s speculated that these freshly unlocked BLUR tokens may be directed to Coinbase Prime in the upcoming stages. Subsequently, they are anticipated to be moved in batches to Wintermute, a prominent market maker and liquidity provider. Eventually, the tokens are set to be dispersed across various cryptocurrency exchanges (CEX) via the Wintermute platform.

image 799

This progression aligns with a consistent trajectory of strategic moves, showcasing a deliberate and orchestrated approach to token distribution. As these tokens navigate the ecosystem, they are poised to play a role in enhancing liquidity, bolstering trading activities, and contributing to the overall dynamics of the BLUR ecosystem.

The disclosure of this significant unlocking and transfer has garnered widespread interest and discussions within the crypto community, prompting industry enthusiasts and investors to closely monitor ensuing developments. The influence of such moves on market trends and investor sentiment is expected to be substantial.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Blur

BLUR Coin

BLUR tokens

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

BLUR Tokens Unleashed: 49.37M Head to 0x0A0 Address, Stay Informed!

Key Points:

  • Monthly unlocking nears 50M, $13.95M worth transferred.
  • Speculation on Coinbase Prime and Wintermute involvement for distribution.
Approximately 49.37 million $BLUR tokens, amounting to around $13.95 million, were recently unlocked and successfully transferred to the address 0x0A0.
BLUR Tokens Unleashed: 49.37M Head to 0x0A0 Address, Stay Informed!

This transfer has captured the attention of the cryptocurrency community.

The unlock of BLUR tokens has become a monthly occurrence, specifically on the 15th day of each month. The scale of this latest unlocking has brought the monthly quantity close to the significant milestone of 50 million tokens.

Drawing insights from the patterns of the past two months’ unlocking and transfers, it’s speculated that these freshly unlocked BLUR tokens may be directed to Coinbase Prime in the upcoming stages. Subsequently, they are anticipated to be moved in batches to Wintermute, a prominent market maker and liquidity provider. Eventually, the tokens are set to be dispersed across various cryptocurrency exchanges (CEX) via the Wintermute platform.

image 799

This progression aligns with a consistent trajectory of strategic moves, showcasing a deliberate and orchestrated approach to token distribution. As these tokens navigate the ecosystem, they are poised to play a role in enhancing liquidity, bolstering trading activities, and contributing to the overall dynamics of the BLUR ecosystem.

The disclosure of this significant unlocking and transfer has garnered widespread interest and discussions within the crypto community, prompting industry enthusiasts and investors to closely monitor ensuing developments. The influence of such moves on market trends and investor sentiment is expected to be substantial.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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