A giant whale sells $9.67 million worth of IMX after SEC ends its investigation into Immutable
According to on-chain analyst Ember Monitor, the price of IMX has risen to a certain extent after the SEC concluded its investigation into Immutable. A whale/institution took advantage of the opportunity to sell 17.17 million IMX (valued at $960,000) in the last 8 days, with an average price of $0.56.
He/they deposit IMX into FalconX (Institutional Business Brokerage Platform) after the investigation news was concluded that the IMX price rose, and then enter Binance from FalconX.