Galaxy Digital and Falcon X have deposited a total of 12 million MATIC to Binance in the past 24 hours

ChainCatcher news, according to monitoring by The Data Nerd, whales and institutions have deposited a large amount of MATIC into exchanges. 12 hours ago, Galaxy Digital deposited 7 million MATIC (approximately 5.89 million USD) into Binance at an average price of 0.84 USD, and their remaining balance is 1.27 million (approximately 1 million USD). 9 hours ago, Falcon X also deposited 5 million MATIC (approximately 4.21 million USD) into Binance, and they currently hold 1.845 million (approximately 1.51 million USD).

In addition, the price of MATIC has dropped by 7% today.