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Alameda Research Dumping Polygon (POL) Amid Price Spike, What’s Next?

CoinGape LogoCoinGape12h ago

Alameda Research Dumping Polygon (POL) Amid Price Spike, What’s Next? - CoinGape

Quick Summary:

Alameda Research has sparked concern in the crypto community after transferring large amounts of Polygon (POL) tokens amid a price rally.

The beleaguered company transferred another 2 million POL tokens worth $927,000 a few hours ago to a centralized exchange.

Previously, Alameda had a history of large-scale token dumps that have caused substantial market fluctuations.


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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 09:13:38 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23777146

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 16 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Alameda Research Dumping Polygon (POL) Amid Price Spike, What’s Next?" has 401 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Alameda Research Dumping Polygon (POL) Amid Price Spike, What’s Next?" was covered 12 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23777146
  • URL: https://beamstart.com/news/alameda-research-dumping-polygon-pol-1732354182524

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