Data: Polygon multi-signature wallet has staked nearly 53 million POL, worth over 4.8 million USD

According to monitoring data from Arkham, the address marked as the Polygon multi-signature wallet "0xFA5" transferred a total of 52,928,000 POL to the staking contract address yesterday, worth approximately 4.82 million USD.

Market analysis suggests that Polygon officials previously announced that they would use 27,300,000 POL from transaction fees to support staking rewards from October 1 to December 1. This move may also provide some support for POL and alleviate its downward price pressure.