Cumberland withdraws 14.6M POL worth $1.41M from exchanges as Polygon trades at $0.095
- —Cumberland withdrew 14.6M POL worth $1.41M from Binance, Gate and Coinbase
- —Exchange Supply Ratio for POL rose to a two-week high of 0.00035
- —POL trading volume rose 158% to $83M, futures up 15% to $38M
- —POL holds in a narrow $0.094–0.095 range after pullback from $0.98
Why it matters: The market maker's token withdrawal temporarily reduces selling pressure, but rising exchange supply and a weak ADX threaten a break below $0.09.
Source: AMBCrypto