Polygon Ecosystem Growth Address Transfers 21.86 Million MATIC to GSR Markets’ Binance Deposit Address into Binance

As monitored by on-chain analyst Yu Jin, five addresses that received MATIC from Polygon: Ecosystem Growth 3 hours ago on November 6th, transferred a total of 21.86 million MATIC (worth $16.6 million) to Binance's deposit address on GSR Markets and entered Binance. Since the distribution of 217 million MATIC on November 16th, the price of MATIC has dropped by 18% from $0.93 to the current $0.759.

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