- OxScope tweeted {that a} whopping 22.52 MATIC was moved from a Robinhood tackle.
- 19.22 million MATIC have been transferred to Cumberland and B2C2 and finally reached Binance and Coinbase.
- MATICs have been moved as a part of the token’s delisting following the SEC lawsuit.
In accordance with the most recent evaluation, the just lately respected safety token MATIC has witnessed large transactions from the American monetary companies firm Robinhood Markets. Web3 information graph protocol OxScope revealed that 22.52 million MATICs have been transferred from a Soar-owned Robinhood tackle within the final 24 hours.
On June 10, OxScope took to Twitter to shed some mild on the substantial transaction of MATIC, the native token of the Polygon blockchain platform:
Just lately, the Securities and Change Fee (SEC) filed a lawsuit towards main crypto platform Binance and its CEO Changpeng Zhao, alleging them 13 counts. Within the lawsuit, the regulator talked about just a few crypto tokens that have been additionally added to the listing of “unregistered securities,” together with BNB, MATIC, ADA, SOL, SAND, and extra.
Following the lawsuit, Robinhood determined to delist ADA, MATIC, and SOL, the just lately respected titles over which the platform holds a significant maintain. In accordance with revelations from crypto analyst Fabian.D, Robinhood has $170 million in SOL, $250 million in ADA, and $163 million in MATIC, making a complete of $583 million.
Reflecting on the information shared by OxScope, Chinese language journalist Collin Wu tweeted:
Wu, referring to OxScope’s tweet, identified that out of the full 22.52 million MATICs moved, 19.22 million MATICs have been moved to Cumberland and B2C2 crypto platforms, which finally reached the foremost Binance and Coinbase crypto buying and selling platforms. OxScope additionally offered the main points of the transaction tackle, which was engaged within the transaction of the massive quantity of MATIC.
