Two wallet addresses wrongly labeled as Polygon Foundation.
These wallet addresses reportedly deposited 10.6 million MATIC into Binance in the last month.
Polygon’s CEO, Marc Boiron, has denied any involvement by the Polygon Foundation in selling MATIC tokens.
Two wallet addresses labeled as Polygon Foundation have raised eyebrows within the crypto community by depositing over 10.6 million MATIC tokens into the Binance exchange over the past month. While this has prompted concerns about potential token sales, Polygon’s CEO, Marc Boiron, has denied the report and any involvement by the foundation.
According to data from the crypto intelligence firm Lookonchain, Polygon Foundation wallet address 0x8d36 made substantial deposits totaling 6 million MATIC, equivalent to approximately $3.35 million, into Binance within the past two days. Another wallet, 0xf957, attributed to the Polygon Foundation, transferred 4.6 million MATIC, valued at about $2.57 million, to Binance over the course o
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