A Cumberland-linked wallet withdrew 14.6 million Polygon (POL) tokens worth $1.41 million from major exchanges, reducing supply on order books. Despite this, Polygon faces intense selling pressure from institutions and individuals, with increased token inflows to exchanges and rising trading volumes signaling heightened market activity. Technical indicators suggest weakening upside momentum and strong downside risk, potentially pushing POL below $0.09 unless selling pressure eases. Currently, Polygon trades around $0.095 with volatile market conditions.
Jupiter (JUP) surged 8.64% to $0.2477, driven by expanding decentralized applications and growing user interest in its ecosystem. In contrast, Cosmos Hub (ATOM) fell 8.78% to $1.65 due to worries over network upgrades and interoperability issues. Thi...
Polygon (POL) experienced increased selling pressure after FalconX transferred 14 million tokens worth $1.29 million to Binance, raising concerns about fresh supply during a price correction. Despite this, top traders on Binance remain bullish with a...
