Polygon's POL Token Surges 22% Amid Large Transfers to Binance

11/17/2024 1:21:06 AM

According to EmberCN, the POL token has increased by 22% from $0.357 to $0.438 since yesterday. A multisig address associated with the Polygon team distributed 50 million POL tokens, valued at $21.45 million, to six different addresses 32 hours ago. These tokens were then transferred to Binance from these addresses within the last two hours. This transaction and the price surge may indicate significant market activity and interest in POL. (Source)

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