Polygon Foundation-linked wallets deposited 15.49 million MATIC to CEX in the past 5 days
According to Spot On Chain, a wallet associated with the Polygon Foundation has deposited 15.49 million MATIC ($8.1 million) to Binance in the past 5 days. Currently, the wallet still has 13 million MATIC ($6.78 million) staked. All MATIC in the wallet originally came from the Polygon Foundation contract in April 2023, when the price was $1.1. Please note that on September 4, there will be a 1:1 migration from MATIC to POL, which has a larger total supply and different token economics.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana ecosystem meme coin JELLYJELLY continues to surge, up over 87% in a single day
"Machi" Ethereum long positions partially liquidated again, with a liquidation scale of 1,200 ETH
A whale staked 25,000 ETH worth $79.48 million
"Maji" deposited $100,000 an hour ago to increase positions, adding to Ethereum long positions
