Whales/institutions that have been selling IMX recently have transferred 9.03 million IMX to CEX, worth about $4.05 million
PANews reported on April 5 that according to on-chain analyst Yu Jin’s monitoring, 2 hours ago, the whale/institution that has been selling IMX recently continued to transfer out 9.03 million IMX (US$4.05 million) in the same way: first depositing it into FalconX, and then entering CEX from FalconX. The whale/institution sold a total of 26.2 million IMX (US$13.72 million) in the past 9 days, and the price of IMX fell by 39% (US$0.72 → US$0.44).
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.
You may also like
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

A whale address's ZEC long position was liquidated, resulting in a loss of approximately $1.59 million.
Market News: CME Group Commodity Futures Trading Suspended
Bitget launches the 3rd phase of the VIP exclusive airdrop event, trade to unlock 25,000 XRP