Polygon (POL) has caught the attention of the crypto community as a whale adjusts its position amidst a sluggish market performance. The whale recently deposited 5.64 million POL tokens worth $2.28 million into Coinbase. This investor has accumulated the tokens at an average price of $0.638 over the past two months, facing a loss of $1.32 million. This activity suggests that large POL holders are offloading the altcoin on exchanges, contributing to its recent declines. The market has been in a correction trend, with the price ranging between $0.43 and $0.53. POL is currently trading at $0.4145, down 5.1% in the last 24 hours and underperforming the global digital asset market. However, market analysis shows the potential for an uptrend in Polygon fueled by positive sentiment surrounding regulatory environment changes.



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