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<ul class="news-points"> 
 <li>Token Unlocks revealed in a tweet today that Immutable’s team claimed 23.87 million IMX tokens.</li> 
 <li>At press time, IMX was changing hands at $0.7122 following a 24-hour loss of 0.82%.</li> 
 <li>Technical indicators suggested that IMX was at risk of falling to $0.6790 in the coming week.</li> 
</ul> 
The tokenomics tracking platform, Token Unlocks, revealed in a tweet earlier today that Immutable’s (IMX) team claimed 23.87 million IMX tokens, estimated to be worth $17.1 million, over the past few hours. According to the post, the wallet that claimed the IMX tokens currently holds 595 million IMX, valued at around $425.5 million. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50e.png" alt="🔎" class="wp-smiley" style="height: 1em; max-height: 1em;"> On-chain Claimed Alert <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50e.png" alt="🔎" class="wp-smiley" style="height: 1em; max-height: 1em;"> 2 hours ago, <a href="https://twitter.com/Immutable?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Immutable</a> Team has claimed 23.87 <a href="https://twitter.com/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$IMX</a> ( worth $17.1 millions )<a href="https://t.co/XHBZyjzWaW" target="_blank" rel="noopener noreferrer nofollow">https://t.co/XHBZyjzWaW</a> This Unlocks Treasury Wallet currently holds 595M <a href="https://twitter.com/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$IMX</a> ( worth $425.5 millions ) For more information on <a href="https://twitter.com/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$IMX</a> Tokenomics<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447-1f3fb.png" alt="👇🏻" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/7AELhlWIBd" target="_blank" rel="noopener noreferrer nofollow">https://t.co/7AELhlWIBd</a> <a href="https://t.co/Hhkce12kpp" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Hhkce12kpp</a>— Token Unlocks (@Token_Unlocks) <a href="https://twitter.com/Token_Unlocks/status/1689909424687820801?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 11, 2023</a> 
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Over the past day of trading, <a href="https://coinmarketcap.com/currencies/immutable-x/" target="_blank" rel="noopener noreferrer nofollow">IMX’s</a> price had fallen 0.82%, according to CoinMarketCap. Consequently, the altcoin was trading hands at $0.7122 at press time. This negative price movement resulted in IMX trading clos… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/imxs-price-drops-as-its-team-claims-23-87m-tokens-today/">IMX’s Price Drops as Its Team Claims 23.87M Tokens Today</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

IMX’s Price Drops as Its Team Claims 23.87M Tokens Today

Coin Edition

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