On-chain data, an Ethereum (ETH) based game altcoin It came to the fore when a powerful crypto whale withdrew a large amount of tokens from the exchange. Blockchain analysis and tracking firm Lookonchain, layer-2 scaling solution ImmutableX (IMX) token soars 20% as a crypto whale makes big moves did.
The price of IMX is up 20% today. We noticed that three wallets (thought to belong to the same whale) withdrew 4.3 million IMX ($9.6 million) from Binance. This whale has six wallets linked to each other and currently holds a total of ~40.54 million IMX ($90.8 million).
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IMX is down 3.8% in the last 24 hours and is trading at $1.98 at press time.
Lookonchain also noted that SATS (Ordinals) rose following a major listing by Binance.
As Koinfinans.com reported, the token price has increased by over 120% since Binance announced the listing of BRC-20 SATS. According to on-chain data, the top 20 holders of SATS own 333.3 trillion tokens (worth $150 million). This means it is 15.9% of the total supply. 6 of the top 20 owners minted 78.57 million SATS.
SATS is trading at $0.000000515075 at press time, up 123.4% in the last 24 hours.
Finally, Lookonchain reported that a suspected HashKey wallet suddenly moved a large amount of Ethereum to Binance and incurred losses.
The wallet related to HashKey lost more than $2 million by depositing a total of 17,108 ETH ($38.1 million) to Binance after the ETH price crashed.
