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Polygon Foundation Linked Wallet Deposit MATIC to Binance 15.49 million last 5 days

According to Spot On Chain, a wallet linked to the Polygon Foundation deposited 15.49 million MATIC ($8.10 million) to Binance in the past five days. At the moment, the wallet still has 13 million MATIC ($6.78 million) staked. All MATICs in the wallet were originally from the April 2023 Polygon Foundation contract at $1.10. Note that on September 4th, there will be a migration from MATIC 1:1 to a POL with a larger total supply and different token economics.