21Shares withdrew 45.7 million POL worth $4.08 million from Coinbase on October 28, bringing total withdrawals over the past 30 days to $11 million. These purchases generally support the fully backed Polygon investment product offered by 21Shares, although it has fallen 19% over the period and 94% since its launch. POL rebounded to $0.092 after reaching $0.087, moving above $0.09 and reaching a local high of $0.093. Buy volume dominated for four consecutive days and the RSI produced a bullish crossover, but it remains below 50, while the MACD remains negative. Continued buying could push POL above $0.097 and toward $0.10, whereas insufficient demand could send it below $0.09 again.
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