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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:

 

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).

#imx
#dormant
#investor
#project
#sell
#immutable x