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Polygon Foundation-linked wallets deposited 15.49 million MATIC to CEX in the past 5 days

Polygon Foundation-linked wallets deposited 15.49 million MATIC to CEX in the past 5 days

Bitget2024/08/26 09:12

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.

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