Blur Unlocks 21.69 Million Tokens, 35% of Supply Released Since June 2023

On March 18, 2025, a significant transfer of 21.69 million BLUR tokens was recorded from the Blur contract. This transfer, which occurred approximately four hours prior to the report, is part of the monthly unlocking cycle that Blur has been undergoing since June 15, 2023. The unlocked tokens, valued at $2.32 million, are expected to be transferred to a designated platform for market circulation.

Since the unlocking cycle began, Blur has released 35% of its total BLUR supply, amounting to 1.044 billion tokens. These tokens have been consistently transferred to a specific platform for market circulation. The average transfer price for these tokens has been $0.32 per token, based on the price at the time of transfer. This systematic release of tokens is part of Blur's strategy to manage its token supply and ensure liquidity in the market.

The transfer of 21.69 million BLUR tokens is a routine part of Blur's token unlocking schedule. This process is designed to gradually introduce tokens into the market, which can help maintain stability and prevent sudden fluctuations in token value. The transfer to a designated platform for market circulation is a standard practice, ensuring that the tokens are available for trading and other market activities.

This transfer is significant as it represents a substantial portion of the monthly unlocked tokens. The consistent transfer of tokens to a designated platform for market circulation is a key aspect of Blur's token management strategy. This approach helps to ensure that the tokens are available for trading and other market activities, which can contribute to the overall stability and liquidity of the Blur ecosystem.