67% of the 199 million USD MATIC previously distributed by the Polygon ecosystem growth address has entered CEX

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, on November 16, Polygon: Ecosystem Growth distributed 217 million MATIC (approximately 199 million USD) to 70 addresses. As of now, 67% (approximately 145 million USD) has entered CEX; among the 70 addresses, 40 have transferred all received MATIC to CEX.

The price of MATIC has also dropped 21% since November 16: from 0.93 USD to the current 0.73 USD.