Markets· ★★· bearish·

Whale moves 10M POL to Binance with potential loss of about $400K

  • —Whale bought 25M POL at ~$0.1228, spending about $3.07M
  • —10M POL worth ~$987K moved to Binance
  • —POL was used as Aave collateral for a $1.4M loan
  • —Potential loss on sale is about $400K
Why it matters: A large POL transfer to an exchange could add selling pressure on the Polygon token.
#POL
Source: PANews
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