A Polygon Foundation-Related Wallet Deposits Large Amounts of MATIC into Binance
Publication Time:2024-08-26 17:06:07
According to Jinse Finance Report, a wallet closely related to the Polygon Foundation deposited 15.49 million MATIC (approximately $8.1 million) into the Binance platform over the past five days. Notably, the wallet still holds 13 million MATIC, valued at approximately $6.78 million. These MATIC were initially issued by a Polygon Foundation contract in April 2023, with a market price of around $1.1 per MATIC at that time. It should also be noted that MATIC will migrate to POL tokens at a 1:1 ratio on September 4th, with changes in total supply and token economic models.
Binance
MATIC
Token Transfer
Polygon Foundation