- Immutable X and XDC tokens see record outflows.
- These movements signal the investors’ rising confidence in the tokens.
- If they decide to hold these tokens for a longer term, it could act as a positive catalyst.
According to on-chain data revealed by Santiment, Immutable X and XDC Network have recorded their largest exchange withdrawals of 2026. In a single day, about 15 million of these tokens were moved out of exchange wallets.
Notably, this is a positive indicator. With these moves, investors are looking for long-term storage rather than a sell-off.
Investors Move Immutable X and XDC Off Exchanges
On May 27, 2026, Santiment shared an X post, highlighting a major development in the Immutable X and XDC Network ecosystems. As noted by Santiment, these cryptocurrencies have witnessed their largest outflows in 2026.
Reportedly, around 4.67 million IMX tokens were moved out of exchanges. At the same time, investors transferred a massive 10.38 million XDC tokens from exchange wallets. What is more noteworthy is that these transactions happened within a single day.
What Attracts Investors to IMX and XDC?
It is worth noting that the surprising surge in outflows happened amid these platforms’ major developments. Both platforms have been gaining traction due to several reasons.
Immutable X attracted the community with its expanding Web3 gaming ecosystem. The platform’s zkEVM developments have also garnered significant attention.
The blockchain gaming platform has been actively expanding its gaming partnerships throughout 2026. The platform’s introduction of new AI-based gaming tools has attracted larger mainstream gaming studios into the space. These developments drove more investors to the platform.
At the same time, XDC Network has been strengthening its presence in enterprise blockchain and real-world asset tokenization. The blockchain platform continues to focus on its growth in various areas. Sentiment noted,
“XinFin’s XDC Network appears to be benefiting from a different narrative tied to enterprise blockchain adoption and trade finance infrastructure. Throughout 2026, XDC has continued pushing its role as an institutional-friendly blockchain focused on cross-border payments, tokenized trade finance, and ISO 20022-compatible financial messaging systems.”
In addition, the ecosystem has witnessed major developments recently. As per reports, XDC Network has seen rising transaction activity this year. The ecosystem’s new partnerships in custody and tokenization have also attracted more community members. These factors have contributed to the rising confidence in the XDC token.
Why is This Outflow Important?
This large rise in outflows is noteworthy. It signals the community’s growing confidence in these tokens.
Usually, large outflows from exchanges show that investors are moving their tokens into private wallets or cold storage. This shift indicates their decision to hold these tokens for the long term. Therefore, the move says that they are not intending to sell their tokens.
Similar developments could possibly become a positive catalyst. Now, both Immutable X and XDC Network tokens are showing a neutral sentiment. But if this outflow continues, it could possibly result in a bullish reversal.
Currently, the Immutable X token IMX-0.41% is priced at $0.1656. This marks marginal falls of 0.5% in a day and 0.4% in a week. It has also declined by a notable 2.7% over the past month. This highlights that the token is overall caught in the red zone.
However, market activity is largely positive. Traders are actively engaged. This is visible in the 15% rise in the 24-hour trading volume. The volume surged to $23.61 million in a day.
Meanwhile, the XDC token XDC-1.21% is valued at $0.03205. The crypto is down by 1.57% in a day and 11.5% in a week. Despite these plummets, XDC surged by about 9% in a month. But the trading volume has dipped by 42% to $13.9 million.
Credit: Source link
