Bullish
IMX Unlocks 9.62M Tokens Worth $1.05M on August 8
2026-08-01 17:00:04
Immutable X schedules release of 9.62 million tokens valued at $1.05M on August 8, adding supply to circulating market.
Woofun AI data shows that Immutable X (IMX) will unlock approximately 9.62 million tokens at 8:00 AM Beijing time on August 8. The scheduled release is valued at roughly $1.05 million USD.
WOOFUN AI
Impact Assessment · Quick Read
The unlocking of nearly 10 million IMX tokens introduces immediate sell-side pressure as previously locked supply enters circulation. While the $1.05M value represents a modest absolute increase, the event may test short-term support levels if market liquidity is thin. Traders should monitor order book depth around the unlock timestamp for signs of absorption or capitulation.
Generated by WOOFUN AI · For reference only, not investment advice
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