ChainCatcher message, according to Onchain Lens monitoring, the Polygon Foundation-related wallet deposited 13.14 million MATIC (POL) into Binance 30 minutes ago, worth 5.36 million dollars.In the past 3 weeks, the address has received funds from staking. Over the past 7 months, the address has deposited 29.3 million MATIC (POL), worth 14,031,728 dollars, at an average price of 0.47 dollars.

ChainCatcher news, according to Onchain Lens monitoring, a certain whale withdrew 13 million MATIC from Coinbase in the past three days, worth approximately 4.13 million USD; additionally, two months ago, this whale withdrew 5.39 million MATIC from Bitstamp, worth 1.96 million USD. As of now, this whale holds 18.79 million MATIC, worth 6.11 million USD.

ChainCatcher news, according to the official announcement, OKX has completed the token migration of MATIC. Users can find the new POL assets under "Assets" > "My Assets" > "Funding Account". If you have any questions, you can contact the OKX support center.

ChainCatcher news, according to The Block, the Polygon development team announced that the MATIC token has been converted to POL. POL now becomes the native gas and staking token on the Polygon PoS chain, and major exchanges are expected to list it gradually. This migration is a key step for Polygon's development towards ZK chains and integration with AggLayer, aiming to consolidate liquidity and state across multiple chains.POL will maintain the original tokenomics model, distribution method, and total supply of 10 billion of MATIC. MATIC holders on the Polygon PoS chain do not need to take any action; the tokens will automatically upgrade to POL. However, MATIC holders on Ethereum, Polygon zkEVM, or centralized exchanges need to actively convert their tokens to POL through the migration contract.

ChainCatcher news, cryptocurrency exchange platform Crypto.com announced on X platform that it will support the upgrade of MATIC tokens to POL tokens. Trading, deposits, and withdrawals of MATIC will be suspended starting from September 10, 2024. MATIC-related contracts will be delisted from the exchange on September 4, 2024. The recharge, withdrawal, and trading of POL have already been launched on the App and Exchange and will not be affected.

ChainCatcher news, according to monitoring by The Data Nerd, the Polygon Foundation deposited 25 million MATIC into Binance in the past 24 hours, equivalent to approximately 10.43 million USD. Previous data shows that since June, the Polygon Foundation has deposited a total of 50 million MATIC (worth 24.72 million USD) into Binance.

ChainCatcher message, on-chain analysis platform Santiment disclosed the total market value proportion of tokens held by the top ten wallet addresses of altcoins.Specific data:Polygon (MATIC): 69.4%Shiba Inu (SHIB): 61.2%Uniswap (UNI): 50.8%Pepe (PEPE): 46.1%Ethereum (ETH): 44.0%Tether (USDT): 33.1%Chainlink (LINK): 31.1%Toncoin (TON): 27.5%Multi Collateral Dai (DAI): 24.5%USD Coin (USDC): 19.0%Santiment stated that high concentration may stem from early adopters holding a large number of tokens, or the need for substantial holdings in staking and governance. Tokens with broad distribution (such as Arbitrum) may be more evenly distributed.

ChainCatcher news, the crypto data analysis firm Santiment released data on the X platform regarding "the percentage of total supply held by the 10 largest wallets currently holding some of the most mainstream altcoins," as follows:MATIC: 69.4%SHIB: 61.2%UNI: 50.8%PEPE: 46.1%ETH: 44.0%USDT: 33.1%LINK: 31.1%TON: 27.5%DAI: 24.5%USDC: 19.0%Santiment stated that several factors can influence whether the holdings of assets in whale wallet addresses are highly concentrated or low. For example, early adopters or insiders of a project may hold a large amount of funds, leading to high concentration (such as TON). Alternatively, the token may be heavily used for staking or governance, requiring validators to hold a large amount of tokens (as is the case with Ethereum and its ETH 2.0 deposit contract, which currently holds 35.4% of the supply). Additionally, tokens that are widely distributed through airdrops or community rewards may have a more decentralized distribution (such as Arbitrum).

ChainCatcher message, according to monitoring by The Data Nerd, the Matic Foundation deposited 10 million MATIC (approximately 4.63 million USD) to Binance 23 hours ago. Since June, it has deposited a total of 50 million MATIC (approximately 24.72 million USD) to Binance.

ChainCatcher message, according to the official announcement, Upbit will support the migration of MATIC and its exchange for POL, which is expected to suspend deposits and withdrawals on September 2 at 17:00. After the token migration and exchange are completed, a separate announcement will be made to declare the resumption of services once the stability of deposits and withdrawals is confirmed.

ChainCatcher news, Binance has announced a plan to support the swap of Polygon (MATIC) tokens for Polygon (POL).Binance will stop trading and delist all existing MATIC spot trading pairs (MATIC/BNB, MATIC/BRL, MATIC/BTC, MATIC/ETH, MATIC/EUR, MATIC/FDUSD, MATIC/JPY, MATIC/TRY, MATIC/USDC, and MATIC/USDT) on September 10, 2024, at 11:00 (UTC+8), and will automatically cancel all open orders. Binance will open spot trading for POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT on September 13, 2024, at 18:00 (UTC+8).

ChainCatcher message, according to Whale Alert monitoring, the Polygon Staking address transferred 70 million MATIC around 22:33 Beijing time today, worth approximately $36,403,662.

ChainCatcher message, Coinbase announced this morning that it will support the new token POL from the Polygon ecosystem. Starting from August 26, Coinbase will migrate the token code from MATIC to POL on the Polygon network.From August 26 to September 10, the sending and receiving functions of MATIC on the Polygon network will be suspended. On September 4, Coinbase will support POL on the Ethereum network. Users currently staking MATIC through Coinbase can continue to stake and earn rewards. Coinbase plans to complete the full migration from MATIC to POL in the coming months, with a detailed timeline to be announced later. After the launch of POL ERC-20, Coinbase will continue to support trading of MATIC and POL on Ethereum until further notice.

ChainCatcher message, according to WhaleAlert monitoring, around 11:00 Beijing time today, 290,000 MATIC (11,652,628 USD) was transferred from an unknown wallet to Binance.

ChainCatcher news, according to WhaleAlert monitoring, at around 11:47 AM Beijing time today, 29 million MATIC (10,740,892 USD) was transferred from Binance to an unknown wallet.

ChainCatcher news, according to the official announcement, based on recent review results, Binance will remove the following spot trading pairs and cease trading:July 26, 2024, 11:00 (UTC+8): AVAX/TUSD, MATIC/TUSD, VOXEL/BTC.

ChainCatcher message, on-chain analyst Yu Jin monitoring, among the assets stolen by the WazirX hacker, several major large-cap altcoins have basically been sold:54.337 trillion SHIB (96.32 million USD) currently has only 27 trillion remaining (4.78 million USD) unsold;20.5 million MATIC (11.12 million USD), 64.02 billion PEPE (7.65 million USD), etc. have all been sold.Currently, the amount of ETH held by the WazirX hacker has reached 56,813 (19.764 million USD), with only altcoins worth 25.29 million USD remaining unsold.