Anyone know why matic moved over 217 million dollars to 70 adresses in the past days and over 40% of those adresses already sent this to cexs?
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Those wallets are obviously owned by exchanges
No, it was from Polygon Ecosystem Growth wallets. They’ve sold.
Honestly, the more the team sells, the better for this entire project in terms of holder diversity.
Team has been selling like crazy. That’s why MATIC price is depressed.