TechFlow reports, according to on-chain analyst Yujin's monitoring, on November 16, Polygon: Ecosystem Growth distributed 217 million MATIC (worth $199 million) to 70 addresses. So far, 67% ($145 million) of these funds have been transferred to CEXs; among the 70 addresses, 40 have already moved all received MATIC to CEXs.
Since November 16, MATIC's price has dropped by 21%, falling from $0.93 to the current $0.73.




