Blur's Blend's total transaction volume exceeds US$2.5 billion
According to Dune data, the total trading volume of Blend, an NFT lending platform under Blur, has reached $2.568 billion as of the time of publication, with a total of 255,033 loans. The platform currently has 5,960 independent borrowers and 3,263 independent lenders.
Blur’s NFT lending protocol Blend’s total transaction volume exceeded US$2.5 billion
According to the latest data from Dune Analytics, NFT lending protocol Blend, owned by NFT aggregation trading service Blur, has surpassed a transaction total of $2.5 billion. At the time of writing this article, the total had reached $2,507,280,399. The Blend protocol has facilitated over 248,000 loan transactions, with 5,911 independent borrowers and 3,250 independent lenders. The current total active NFT loan transactions are 3,369, with an active loan total of 8,618 ETH.
BLUR briefly broke through $0.25, with a 24-hour increase of 17.48%
According to OKX market data on October 25th, BLUR briefly broke through $0.25 and is now priced at $0.2512, with a 24-hour increase of 17.48%.
3 Addresses Deposited 4.283 Million BLUR Into Coinbase
According to Spot On Chain monitoring, in the past 33 hours, 8 addresses have accumulated a total of 52.078 million BLUR tokens through Coinbase from Blur's October token unlocking. It is worth noting that after receiving the tokens, 3 of the 8 addresses quickly stored all of their 4.283 million BLUR tokens back to Coinbase at an average price of $0.174. In addition, the fifth largest BLUR holder, Upbit 0x04b, received a total of 14.63 million BLUR tokens in the past 5 hours, during which time the BLUR price fell by 6.8%.
The Unlock of the January Issue of BLUR Was Transferred Out in 4 Hours and Finally Transferred to Coinbase Prime
The unlocking of BLUR's January issue has been transferred after 4 hours. 51.22 million BLUR (8.56 million US dollars) was transferred from the unlocking contract to the 0x0A0 multi-signature address, and then transferred to Coinbase Prime through the 0x0A0 multi-signature address.
4 Wallets Deposit 2.48 Million BLUR Received from Airdrop to Binance
Lookonchain monitoring shows that 4 wallets received 2.48 million BLUR from an airdrop and deposited them into Binance 6 days ago. If sold at that time, they could have earned $430,000. The highest value of 2.48 million BLUR is $3.38 million. If they had sold immediately after receiving the airdrop, they could have earned about $1.7 million.
Arca Initiated a Proposal to Discuss the Blur Fee Switch, Which Is Intended to Be Used to Repurchase and Destroy BLUR
On October 13th, investment firm Arca initiated a proposal to discuss the Blur transaction fee switch, which would add a basic trading fee of 1% to the Blur market protocol. The proposal suggests using these fees for daily systematic repurchases and destruction of BLUR. Additionally, Arca proposed a tiered fee structure to provide fee discounts for users holding BLUR.
