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A whale sold 17.17 million IMXs in 8 days, or approximately US$9.67 million."

Internet reports that IMX prices rose after the SEC concluded its investigation into Immutable, according to Ember Monitoring. A whale or institutional account took advantage of the situation and sold 17.17 million IMXs (approximately $9.67 million) in the past eight days, with an average price of $0.56. After the investigation was completed, the account transferred IMX to the institutional brokerage platform FalconX, and then transferred from FalconX to Binance.

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