A Cumberland-linked wallet withdrew 14.6 million POL, worth $1.41 million, from major exchanges including Binance, Gate, and Coinbase. Despite this withdrawal reducing short-term selling pressure, Polygon remains under intense selling pressure, with the Exchange Supply Ratio reaching a two-week high of 0.00035. POL is currently trading around $0.095, up 0.98% on the day, but trading volume surged 158% to $83 million. The ADX indicator shows substantially weakened upside momentum, suggesting a potential drop toward $0.089 if selling pressure continues.
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