A certain whale sold IMX worth 9.67 million US dollars after the SEC ended its investigation into Immutable
According to on-chain analyst Yu Jing's monitoring, after the SEC ended its investigation into Immutable, the price of IMX has risen somewhat. A whale/institution took advantage of this and sold 17.17 million IMX (worth $960,000) at an average price of $0.56 over the past 8 days.
After news of the end of the investigation led to a rise in IMX prices, he/they deposited their IMX into FalconX (an institutional business brokerage platform), and then moved it from FalconX to CEX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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