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As reported by Lookonchain, two addresses labeled Polygon Foundation have deposited over 10 million $MATIC into Binance over the last month and may have sold the token. But Marc Boiron, CEO of Polygon Labs, denied the report.
Lookonchain said on X that 0x8d36 deposited 6 million $MATIC into Binance in the past two days, while 0xf957 deposited 4.6 million tokens in the past 30 days. Both addresses are labeled by Nansen as "Polygon Foundation". At the current price, the tokens are worth more than $5.9 million.
However, Marc Boiron clarified in the comments that the addresses don't belong to the Polygon Foundation.
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