According to @0xferg, more than 5 million IMX tokens have now been distributed to stakers on the Immutable platform, with Cycle 3 set to conclude in two days. This significant reward payout highlights strong engagement from the staking community and may impact IMX token liquidity and price action as stakers consider profit-taking or reinvestment strategies. Traders should closely monitor IMX volumes and staking metrics as Cycle 3 ends for potential volatility and short-term trading opportunities. Source: @0xferg

According to @0xferg, Immutable has distributed over 5 million IMX tokens to stakers, with Cycle 3 set to conclude in just 2 days. This significant payout highlights increased staking activity on the Immutable platform, which could lead to higher liquidity and trading volume for IMX. Traders should monitor the end of Cycle 3 for potential price movements and shifts in token supply, as staking rewards distributions often impact short-term market dynamics. Source: @0xferg