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Significant MATIC Transfer Detected Amid Transparency Concerns

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A notable transaction involving the transfer of 4.5 million MATIC tokens, worth $3.81 million, to cryptocurrency exchange SwissBorg has been reported by on-chain data provider Spot On Chain. The transaction was executed by Hermez Network, a scaling solution acquired by Ethereum scaling platform Polygon for $250 million in August 2021.
Continue Reading:Significant MATIC Transfer Detected Amid Transparency Concerns
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