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Token MATIC

Feb 08, 2024

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Polygon Foundation-linked wallet deposited MATIC to Binance

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Total tokens transferred

Token MATIC

6.5M

MATIC

Wallet 0xdee (linked to Polygon Foundation) just deposited 6.5M MATIC ($5.42M) to Binance at $0.833:

 

Notably, the wallet:

  • received 84.37M MATIC allegedly from the Polygon Foundation contracts on July 24, 2021;
  • started to stake the tokens with Polygon on July 25, 2021, to earn more MATIC;
  • has deposited 22.5M MATIC to Binance at $0.707 on average ($15.9M) since July 13, 2023, mostly before the price pumped.

 

Currently, the wallet still holds 76.15M MATIC ($63.9M) under staking.

 

Fig 1. Wallet 0xdee's MATIC deposits to Binance.

 

Fig 2. Wallet 0xdee received most of its MATIC from the Polygon Foundation.

#matic
#polygon foundation
#polygon
#deposit
#binance