Attention: This Altcoin Is Being Sent To Binance And Coinbase By The Giant Institutional Whale During The Drop!

According to 0xScope, over 22.52 million MATICs have been transferred from Jump Trading controlled Robinhood in the last 24 hours, of which 19.22 million polygon (MATIC) It went through Cumberland and B2C2 and was finally deposited on Binance and Coinbase.

Currently, the Robinhood address held by Jump has only 87,380 MATIC.

For MATIC, it became a popular issue in the US following the SEC’s announcement that this token is a security. cryptocurrency It was decided to be delisted by Robinhood, an exchange service provider.

At the time of this writing, the MATIC altcoin price is trading at $0.5928 and has dropped 23.48% in the last 24 hours.

CoinMarketCap chart showing the recent drop in MATIC price.

While the SEC did not explicitly specify which tokens are not considered securities, it has stated that Bitcoin and Ether are not.

All altcoins declared as securities in recent lawsuits against Binance and Coinbase were as follows:

SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, NEXO, BNB, ATOM, MANA, ALGO And COTI.

We previously listed all altcoins listed as securities by the SEC as Bitcoinsistemi.com. You can find this article below.

*Not investment advice.

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