A whale sold $9.67 million worth of IMX after the SEC concluded its investigation into Immutable

Odaily News According to on-chain analyst Ember, the price of IMX has risen after the SEC concluded its investigation into Immutable. A whale/institution took advantage of the situation and sold 17.17 million IMX (worth $960,000) in the past 8 days, with an average price of $0.56.
After he/she finishes investigating the news that IMX price has increased, he/she deposits IMX into FalconX (an institutional business brokerage platform) and then enters Binance from FalconX.