The latest development from the non-fungible token (NFT) marketplace Blur has caught the crypto community’s attention. A recent airdrop, “Blur Season 2,” has led to a significant movement of BLUR tokens towards various crypto exchanges.

BLUR Token Movement To Exchanges Signifies Market Shift

According to Lookonchain, a renowned on-chain analytics platform, roughly 307.6 million BLUR tokens, valued at approximately $97.5 million, were claimed in this airdrop.

An airdrop in the context of crypto is a method of distributing free tokens or coins as a reward to active participants on a particular blockchain or platform, in this case, Blur NFT marketplace.

This recent claim of BLUR tokens has sparked notable activity in the crypto exchanges, reflecting the growing interest and movement within the digital asset market, especially with incentives such as ‘airdrop.’

The data provided by Lookonchain reveals intriguing patterns of BLUR token distribution and exchange deposits. Among the several notable transactions, one user identified as 深大高财生.eth reportedly deposited a hefty sum of 4.67 million BLUR, valued at $1.5 million, into the crypto exchange OKX.

Note that *深大高财生.eth deposited all 4.67M $BLUR ($1.5M) received from the airdrop into #OKX just now.https://t.co/Q3KwyFBZVn pic.twitter.com/uxOtDYtKdH

— Lookonchain (@lookonchain)

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Author: Samuel Edyme

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