TechFlow reports, according to on-chain analyst Yujin's monitoring, an address transferred 10 million MATIC (worth approximately $7.7 million) to Binance 45 minutes ago.
The MATIC from this address can be traced back to a transaction on March 4, 2020, when the MATIC Foundation distributed 200 million MATIC. Over the past three years, these 200 million MATIC have been gradually moved in multiple transactions, with portions consistently sent to Binance. Through this method, 115 million MATIC have already entered Binance, leaving 85 million MATIC remaining.
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