Large Capital Transfer! $10 Million Worth of MATIC Flows In and Out of Binance, How is the Market Trend Changing?

Recently, a notable capital movement has attracted widespread attention in the market. A wallet associated with the founder of Polygon (MATIC) recently deposited 10 million POL (MATIC) to Binance, valued at approximately $6.97 million. This transaction marks an acceleration of capital movement and has sparked in-depth speculation about future market trends.

Looking back at the past few weeks, the operations of this wallet have been quite active. Three weeks ago, this wallet received 20 million POL from Polygon (valued at $8.09 million) and deposited it into Binance. Two days ago, this wallet again received 50 million POL (valued at $35.79 million) from the multi-signature wallet of the Polygon founder and transferred 10 million POL (valued at $7.17 million) to Binance.

As of now, this wallet still holds 30 million POL, with a total value of approximately $20.64 million, indicating that this account holds a large amount of Polygon tokens and is engaged in ongoing capital movements.

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