Alameda Research Deposits Entire $POL Allocation Amid Polygon’s 106% Surge

A wallet, believed to be linked to Alameda Research, recently made significant moves involving $POL tokens received from the Polygon Foundation.

Yesterday, the wallet deposited all 8.68 million $POL (valued at $6.19 million) into FalconX, marking the latest in a series of notable transactions.

The wallet originally received these tokens, then valued at $3.2 million, from the “Polygon Ecosystem Growth” wallet on November 15. Since then, the price of $POL—previously known as $MATIC—has surged by approximately 106%, reflecting strong market performance.

In a related development, Alameda Research finalized its $POL deposits to Wintermute Trading today. Around 12 hours ago, the firm transferred the last 9.14 million $POL tokens, worth $6.63 million, to the trading platform.

Alameda Research Completes $POL Deposits to Wintermute Trading
About 12 hours ago, #Alameda Research deposited the last 9.14M POL ($6.63M) to Wintermute Trading. pic.twitter.com/76TrBFndTS

— EyeOnChain