Data: A total of 3.15 million Blur tokens were transferred to the Wintermute address after being unlocked recently

ChainCatcher news, according to on-chain analyst @riyuexiaochu's observation, the price of Blur token rose after a massive unlock on the 14th of this month, with a total of 30 million Blur transferred to the cryptocurrency exchange Coinbase. However, Coinbase's trading volume only increased by 2 million on the 14th, with a price increase of 20%.

The Blur white paper shows that investors unlocked 78.49 million tokens, team contributors unlocked 117 million tokens, and advisors unlocked 4.98 million tokens, but 154 million Blur have already been transferred to multiple newly registered wallet addresses. @riyuexiaochu analyzes that the unlocked tokens may be uniformly controlled by the project party. In addition, a total of 3.15 million Blur has been transferred to the market maker Wintermute's address, and there has been continuous accumulation in recent days. Overall, on-chain data indicates that the project may have market-making plans. (source link)