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A total of 3.15 million Blur were recently unlocked and transferred to Wintermute address

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A total of 3.15 million Blur were recently unlocked and transferred to Wintermute address

According to on-chain analyst riyuexiaochu, Blur tokens were unlocked in huge quantities on the 14th of this month and the price rose instead of falling. 30 million Blur tokens were transferred to the crypto exchange Coinbase, but Coinbase's trading volume only increased by 2 million on the 14th and the price increased by 20 percent.

The Blur whitepaper shows that investors unlocked 78.49 million, team contributors unlocked 1.17 billion, consultants unlocked 4.98 million locks, but 1.54 billion Blur has been transferred to multiple newly registered wallet addresses, riyuexiaochu analysis, unlocked tokens or unified control by the project. In addition, a total of 3.15 million Blur transferred to the market maker Wintermute address, and in recent days continue to increase in holdings. Taken together, the data on the chain suggests that the project may have a market making plan.

larkLogo2023-06-20
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