Odaily Planet Daily News Chain data analyst Yu Jin Monitoring pointed out that a whale/institutional address transferred 12.94 million MATIC (about 7.96 million US dollars) to Binance through 2 addresses 10 hours ago. It is reported that these MATIC were bought at an average price of about 0.945 US dollars between November 2023 and February 2024. Now it is transferred to the trading platform at a price of 0.615 US dollars, and it is expected to generate a loss of 4.27 million US dollars (-35%).