
Feb 28, 05:40
Auto generation
Project-related wallet sold the first 600K IMX ($386K) after holding for over a year
Outflow
Related addresses
Total tokens transferred

600K
IMX

385.867K
USDC
Wallet 0xf5d (likely an investor or the project) sold 600,000 IMX for 385,867 USDC at an average price of $0.643 in the past 30 minutes, after 10.5 months of inactivity with the token:
- transaction 1: 0x928b368086b57fdd5eb793fdabb8af56ef82ea5f8db179d464398e05291bf3e3
- transaction 2: 0xa3b845e33b3e13d680b36f654b175894f83fed671f69f08cb21e9a385911da8c
- transaction 3: 0x16a6531af2309b1c0c38c562b39194b83c96d7c9ce741efa6379f956d6870153
- address: 0xf5d385cb9c5ebcb740b4305e86d8d03e5c67fbb8
Notably, this wallet received a total of 1.6M IMX from the multi-signature wallet linked to the Immutable X Foundation, 0x34B4DAbCf2DE338BB6561c23B0C2514a5ee27b39, at an average price of $0.984 (then worth $1.57M) between November 3, 2023, and April 14, 2024.
Currently, the wallet still holds 1M IMX ($654K).
The IMX price dropped by 80.35% over the past year.
Fig 1. The IMX inflows and outflow of the wallet 0xf5d (likely an investor or the project).