It appears that much of the Blurt supply has been bridged over to Hive Engine, so that it can be swapped for other tokens.
This is not intended to be derisive of Blurt at all, but it appears that Hivers own at least 25% of Blurts existent token supply.
Is that sustainable?

The Hive Bloggers that hold Blurt on Beeswap / Hive-Engine are Blurt Whales that also post on several of the Hive Alternate front ends …
When you hold Blurt and Bitcoin on BeeSwap you also earn liquid Blurt rewards sent to our Blurt Wallets.