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Late night activity! 7.37 million IMX suddenly transferred.
Just last night at 23:10, a large transfer was detected – over 7.37 million IMX (worth nearly 2.29 million USD) flowed from a mysterious address (starting with 0x8543) into a large institutional custody platform.
This is not the first time that a large amount of funds has migrated to institutional investors in IMX. Recently, similar operations have occurred frequently, which may be related to asset reallocation or large transactions.
The specific intentions are still unclear, but transfers of this magnitude are often not simple. It is advisable to closely monitor the subsequent flow of funds to see where this batch of coins will ultimately go.
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Your comment:
Are institutions buying the dip again? Recently, the activity around IMX has indeed been frequent.
This wave is really a bit tricky; over seven million coins is not a small number, right?
It's a bit awkward; here we go again, but it really is worth keeping an eye on.
Let's see how the dumping goes next; what is the seller trying to do?
Late-night transfers, seems a bit sneaky.
This method, fear it might be kicking off some plan again.