Whale deposited all IMX to Coinbase at loss

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May 03, 07:42

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Whale deposited all IMX to Coinbase at loss

Outflow

Related addresses

0xfae415e538c6dd39891352227f4efc1175121158

Total tokens transferred

1.514M

IMX

Related transactions

0xfae415e538c6dd39891352227f4efc1175121158

Coinbase Prime deposit

May 03, 07:37

Whale 0xfae just deposited all 1.51M IMX ($3.36M) to Coinbase Prime at $2.224:

transaction: 0x488618141fd0c82d3f06db6fcfca4d2ca0fd7cd3e94bab47a42b1ae9c6ab1e75
address: 0xfae415e538c6dd39891352227f4efc1175121158

Notably, the whale withdrew those IMX tokens from Coinbase at $2.623 on average (estimated cost: $3.97M) from April 2 to 19, 2024. If truly selling now, the whale would realize an estimated loss of $604K (-15.2%) after a month.

The IMX price pumped 10.29% in the past 24 hours.

Fig 1. Whale 0xfae's overall IMX trading history.

#imx

#immutable x

#deposit

#coinbase

#loss

#price surge

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Whale 0xfae deposited all IMX to Coinbase at loss

Last synced: May 03, 07:43

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Multisign linked to Immutable X deposited IMX to Coinbase

Multisign 0x19e (likely Immutable X) just deposited 972,417 IMX ($2.22M) to Coinbase Prime at $2.28. Notably, the multisign received those tokens from Immutable X on April 30, 2024, when the price was $1.918, and now still holds 1.84M IMX ($4.2M).

2024 Apr 29 - 20:45

Multisign wallet withdrew IMX from Coinbase for the first time

Multisign 0xb69 just withdrew 1.0M IMX ($2.03M) from Coinbase at $2.03 for the first time. Notably, IMX is the only altcoin that the multisign has ever accumulated besides ETH.

2024 Apr 26 - 19:57

Whale redistributed LINK via Coinbase ahead of price drop

Whale 0xf12 allegedly redistributed 877,681 LINK ($12.9M) via Coinbase to 6 other wallets in the past 5 hours ahead of a price drop. Notably, the whale would realize an estimated loss of $386K (-2.9%) after 5 months of holding.