$97.5M in BLUR Tokens Claimed and $2.95M Deposited on Exchanges

Lookonchain, a market on-chain analytics platform, reported that millions of the claimed BLUR tokens from Blur’s ‘Season 2’ airdrop had been deposited in exchanges. The analytics platforms shared that 307.6 million BLUR tokens worth $97.5 million were being claimed.

Data showed that a user called 深大高财生.eth deposited 4.67 million BLUR ($1.5 million) received from the airdrop into the crypto exchange OKX. Two users, hanwe.eth and machibigbrother.eth, claimed 22.85 million and 6 million BLUR, worth $7.26 million and $1.9 million, respectively.

The top ten wallets claimed 85.69 million BLUR, worth about $27.25 million. Moreover, Lookonchain added that out of the total amount claimed by the top ten wallets, 9.3 million BLUR tokens, worth $2.95 million, have been deposited on exchanges.

“In Season 2, Blur became the #1 Ethereum NFT marketplace protocol,” said Blur. Furthermore, the NFT marketplace claimed to have reached $6.1 billion in trading volume, 260,165 unique users, and a 65% average market share.

BLUR is trading at $0.3567 at the time of press, according to CoinMarketCap. The token has shown a 6.84% price gain in the past 24 hours. The trading volume in the past 24 hours reached $264,973,010, a 265.89% increase.

Additionally, Blur announced the beginning of the Season 3 airdrop, which is powered by the Blast network. Blast is a Layer 2 network with native yield backed by Paradigm and Standard Crypto. The airdrop is reportedly split equally between NFT traders and BLUR holders.