Here’s Why Immutable (IMX) Price Is Pumping Today

Immutable price is on a strong run right now. The token is up about 9% in the past day and almost 30% over the past week. Trading volume has climbed close to 30% too, putting IMX among today’s top gainers. Here’s a closer look at what’s driving all the excitement.

Big money is clearly moving in. On-chain data shows that a whale scooped up 4.55 million IMX tokens, about $3.2 million worth, on September 13. That buy lined up with a 23% jump in large transactions and helped kickstart the current rally. Moves like this usually show serious confidence that the price has room to run.

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Liquidity is backing up the action, too. IMX’s 24-hour turnover ratio is around 6.2%, a healthy sign that there’s plenty of trading activity to keep the trend going. The key question now is whether that whale keeps holding or starts selling. That decision could set the tone for what happens next.

Furthermore, Immutable’s gaming push is another big part of the story. Ubisoft recently launched Might & Magic: Fates on Immutable Play, using Immutable’s zkEVM tech for gas-free NFT transactions. The partnership even featured at Gamescom 2025, showing how serious both companies are about Web3 gaming.

This is a major win for Immutable. Big studios like Ubisoft bring credibility and fresh users, while almost 97% of IMX’s total supply is already in circulation. That means less inflation risk compared to many other tokens and stronger support for the current price.

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What the IMX Chart Is Showing

Analyst CryptoBull_360 highlighted how IMX price bounced sharply after retesting a key horizontal trendline on the daily chart. He points out that if the price can stay above this breakout zone, another 40% to 60% move higher could follow.

Image Source: X/CryptoBull_360

Rising trading volume adds weight to that view. More buyers are stepping in, and momentum is building, exactly the setup traders like to see after a breakout.

However, with whales buying, major gaming deals in place, and a strong technical breakout, IMX price looks well-positioned for more upside. If it can hold above key support, the next leg could easily target another 40% to 60% climb in the near term.

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The post Here’s Why Immutable (IMX) Price Is Pumping Today appeared first on CaptainAltcoin.