An address transferred 10 million MATIC to Binance, approximately 7.7 million USD

ChainCatcher news, according to on-chain analyst Yu Jin's tweet, an address transferred 10 million MATIC (approximately 7.7 million USD) to Binance 45 minutes ago.

The MATIC footprint of this address can be traced back to the 200 million MATIC transferred by the MATIC Foundation on March 4, 2020. These 200 million MATIC have been transferred multiple times over the past three years, with a portion of MATIC transferred to Binance each time. Currently, 115 million of these 200 million MATIC have been transferred to Binance.