Golden Finance reported that according to monitoring by on-chain analyst Ember, Polygon's Ecosystem Growth address has distributed and transferred 128.9 million POL (formerly known as MATIC) to 45 addresses in the past 4 hours, worth 47.57 million US dollars, which may have an impact on the price. The recipients of POL include institutional addresses such as CoinFund, Alameda Research, Galaxy Digital, and Animoca Brands.