South Korean Investors Turned to This Altcoin, The Price Increased by 40 Percent!

Announced last night Fed After the decision and FED Chairman Powell’s statements, it fell to $ 26,800. Bitcoin It is currently at the $27,000 limit.

BTCWhile there is no noticeable movement in any direction in ImmutableX (IMX) It increased by up to 40%.

It is considered that South Korean investors are behind this rise. Because it is one of the largest cryptocurrency exchanges in the country. IMX-KRW on Upbit The trading pair experienced a major beat.

Accordingly, listed on the Upbit exchange IMX-Korean won (IMX/KRW) The pair accounted for approximately 20% of global trade volume.

Listed on Binance other than Upbit IMX/USDT The pair contributed 7% to its total global volume.

At this point, those who shared about the IMX rise lookonchainstating that the price of IMX has skyrocketed. He announced that he had accumulated 12.53 million IMX (worth $9.45 million) with the rise of Upbit-affiliated wallets.

Stating that these IMXs were transferred to the 0x2F77″ wallet, Lookonchain said that the “0x2F77” wallet currently holds 20.4 million IMX worth $15 million and is the ninth largest wallet holding IMX.

“IMX price skyrocketed 35% today.

We noticed that Upbit wallets accumulate IMX. However, investors/institutions also deposited IMX into the stock markets after the price increase.

At this point, Upbit accumulated 12.53 million IMX (worth $9.45 million) in the last 3 hours and transferred it to wallet “0x2F77”.

“Wallet 0x2F77″ is the ninth largest IMX wallet, currently holding 20.4 million IMX ($15 million).”

With the increase it experienced, it reached up to $ 0.796 IMX At the time of writing, it continues to trade at $0.693.

1/ The price of $IMX skyrocketed by 35% today.

We noticed that #Upbit wallets were accumulating $IMX.

And investors/institutions were depositing $IMX to exchanges after the price increase. pic.twitter.com/brWNourpoi

— Lookonchain (@lookonchain) September 21, 2023

*This is not investment advice.