BEARISH Says 3,405 Bears Migrated as Bring a Bear Sells Out in 90 Minutes
By Crypto Wire
October 21, 2026
BEARISH posted a Day-1 Ethereum migration scorecard after claims opened on October 20, 2026: 3,405 bears migrated (48.7% of the project’s 6,988 count), across 414 holder wallets, with 80 Customs claimed. In the same window, Bring a Bear sold out 500/500 new mainnet bears in under 90 minutes, and the team said 100% of the mint ETH — 7.5 ETH — went straight into the BURR/ETH Uniswap v4 pool. This updates the desk’s October 20 claims chapter and the broader Igloo / Abstract shutdown tracker.
Operational receipts from the same Day-1 thread: BEARISH sponsored 550 migration transactions with a claimed 100% success rate so holders paid no gas on those relays; about 277,000 BURR in HiBEARnation rewards had been claimed on Ethereum so far. Fur Keeps is live — burn a Custom to lock its 1/1 art onto a bear — with fees routed to the LP. A separate PSA warns Bring a Bear mints stay locked 30 days: they can appear listable on OpenSea but will be removed automatically if someone tries to buy. Last call for unmigrated bears and BURR remains December 16, 2026, 00:00 UTC, with Abstract’s hard stop still framed as December 15.
Treat the Day-1 percentages as project-reported tallies from @bearish_af, not an independent explorer reconciliation. The prior claims LN worked from a 7,749-bear snapshot framing; today’s scorecard uses a 6,988 denominator for the 48.7% figure — flag that gap until BEARISH publishes a single canonical migrated/remaining table. Mint math checks: 500 × 0.015 ETH = 7.5 ETH, matching the sold-out LP deposit print.
For NFT desks, the culture cut is Abstract exit velocity: nearly half the bear supply already on Ethereum mainnet in a day, a sold-out XP allowlist mint feeding LP, and a 30-day lock that will keep Bring a Bear off the free float while OpenSea listings may tease false liquidity. Pair this with Cambria’s Blast/Abstract Discord reclaim path — different products, same L2 shutdown clock.
Lore thread: Watch whether migrated share clears 75% before mid-November, how deep the BURR/ETH pool gets after the 7.5 ETH Bring a Bear dump plus royalty recirculation, and whether Fur Keeps burns become the next visible Custom lore signal before the Dec. 15–16 hard deadlines.
Bottom line: Day 1 on Ethereum: BEARISH says 3,405 bears (~48.7%) already moved, Bring a Bear sold out 500 at 0.015 ETH with 7.5 ETH into BURR LP — Abstract’s Dec. 15 clock still running.
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