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Polygon wallet moves $4.82M worth of POL tokens to staking contract

Market News
24 Oct 2026
Tokenpost
View Source
Neutral
Polygon wallet moves $4.82M worth of POL tokens to staking contract

A Polygon multisignature wallet transferred 52.928 million Polygon (POL) tokens, valued at approximately $4.82 million, to a staking contract. This large transfer indicates active staking participation, which can impact token liquidity and network security. Investors may watch for further staking activity as it reflects confidence in the Polygon network's future.

Polygon (MATIC) trades at Rp5.877 on Pluang, showing a 0.85% increase as of Oct 25, 2026 00:02 WIB. The token's market cap stands at Rp59,96 trillion with a 24-hour trading volume of Rp3,76 trillion, indicating strong liquidity and investor interest. This active staking movement aligns with the platform's typical hold time of 121 days, suggesting sustained engagement from Polygon holders.

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