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Polygon team large amount of POL transferred to the market, 20 minutes to receive 20 million tokens
【Blockchain Rhythms】 On-chain data shows that within the past 20 minutes on January 11, a large POL transfer occurred from a project address associated with the Polygon ecosystem. According to on-chain monitoring tools, this transfer involved 20 million POL tokens, which were deposited into a major exchange and a market maker GSR Markets-related address, with a USD value close to $3.5 million.
Such large transfers typically attract market attention. From the counterparties involved, including exchange deposits and professional market makers, it may relate to liquidity supplementation, cash-out plans, or other strategic operations. As the native token of the Polygon ecosystem, POL’s price fluctuations and liquidity changes directly impact DeFi protocols and NFT market operations within the ecosystem.
It is worth noting that large transfers from project addresses are often key signals monitored by market participants. The transparency of such data is an advantage of blockchain compared to traditional finance—every on-chain transaction can be tracked and verified.