The wallet associated with the founder of Polygon has once again set off the market. Does the large transfer of 10 million MATIC indicate new market fluctuations?
Recently, the wallet associated with the founder of Polygon (MATIC) has once again attracted market attention, and recently deposited 10 million POL (MATIC) to Binance, worth about $6.97 million. Such operations are not only curious, but also highlight the deep insight of big funds into market dynamics.
From a broader time frame, the wallet has become a "frequent visitor" of fund transfers. Just three weeks ago, it received 20 million POL (US$8.09 million) from Polygon and then deposited it in Binance. Two days ago, this wallet again received 50 million POL (US$35.79 million) from the multi-signature wallet of the founder of Polygon, of which 10 million (worth US$7.17 million) have been transferred to Binance.
Currently, the wallet still holds 30 million POL, with a total value of approximately US$20.64 million. The frequent mobilization of funds is not just about the flow of assets. It seems to reveal a sensitive response to market fluctuations and may also indicate subsequent major trends.