Az IMX token zuhan, mivel úgy tűnik, hogy a GameStop 42 millió dollárt dob ​​ki az Immutable X támogatásból

Időbélyeg: 4. február 2022. 12:37
Forrás csomópont: 1884055

GameStop has likely sold almost 15 million IMX tokens currently worth $42 million shortly after receiving a $100 million grant from Immutable X.

After receiving the stash of tokens with no vesting period, GameStop sent the tokens to multiple crypto exchanges and the price of IMX dumped significantly within a short time period thereafter — implying that they were sold.

Following the coins being sent to the exchanges, the price of IMX has dropped from a two-week high of $4.13 to a low of $2.80 — down 30%. Per CoinGecko, the token is trading hands at $2.97 as of press time. 

GameStop recently received 100 millió dolláros támogatás from the Ethereum Layer 2 network as part of a partnership to build an NFT marketplace. This grant, denominated in IMX to the tune of 56,209,850 IMX tokens was to be delivered across five installments.

Az Etherscan szerint dátum, GameStop has received the first two milestone payments of 28,104,925 and 9,368,608 IMX tokens respectively. It appears that the tokens were not bound to any vesting periods. GameStop will recieve following installments on tokens based on meeting certain goals.

A look at GameStop’s wallet on Etherscan shows three transactions where IMX tokens moved from the company’s contract address to wallets associated with Binance, OKX, and Huobi, all of which are crypto exchanges.

The video game retailer appears to have liquidated a total of 14,989,293 IMX tokens currently worth approximately $42 million.

This is not the first case of a crypto-related grant being spent immediately dumped. Hasonló helyzet happened with Uniswap’s DeFi education fund in July 2021 when Harvard Law’s Blockchain and Fintech Initiative immediately sold half of the $20 million grant it received.

A támogatási dokumentumban szereplő mérföldkő ütemezés szerint a GameStop 18,736,671 XNUMX XNUMX IMX tokent kap három jövőbeli részletben.

A cikk írásakor sem a GameStop, sem az Immutable X nem válaszolt a The Block megjegyzéskérésére.

Kalaphegy Polarply/Twitter

A szerkesztő megjegyzése: Corrects OKex to OKX.

Időbélyeg:

Még több A Block Crypto