Polygon
Polygon-linked wallets deposited 18 million POL into FalconX on August 11, 2026, amidst a surging exchange supply for the token.
Polygon is a digital asset whose associated token, POL, has recently seen significant movement. On August 11, 2026, wallets linked to Polygon deposited 18 million POL, valued at $1.36 million, into the FalconX exchange. This action contributed to a surging exchange supply for POL and occurred during a period of extended market weakness. The event highlights activity from Polygon-linked entities.
Overview
Polygon is a digital asset whose associated token, POL, has recently seen significant movement. On August 11, 2026, wallets linked to Polygon deposited 18 million POL, valued at $1.36 million, into the FalconX exchange. This action contributed to a surging exchange supply for POL and occurred during a period of extended market weakness. The event highlights activity from Polygon-linked entities.
Recent developments
On August 11, 2026, Polygon-linked wallets deposited 18 million POL, valued at $1.36 million, into FalconX. This event was noted in the context of a surging exchange supply for POL.
Historical context
The recorded timeline indicates a development on August 11, 2026, where Polygon-linked wallets dumped 18 million POL, aligning with the recent news coverage.
Risk factors
The dumping of 18 million POL by Polygon-linked wallets into an exchange, coupled with a surging exchange supply, suggests potential selling pressure on the asset.
Outlook
Market participants may monitor whether Polygon-linked wallets continue to deposit POL into exchanges. The impact of such deposits on the asset's exchange supply and market dynamics remains to be observed.
Latest coverage
10 storiesThe breach undermines SAND's tokenomics, risking market instability and eroding trust in blockchain security and smart contract reliability. The post The Sandbox faces security breach as 500M SAND minted on Base network appeared first on Crypto Briefing .
MATIC is coiled at $0.38 with every major moving average stacked overhead as dead weight, but exhausted selling momentum and oversold stochastic readings put a short-term bounce toward $0.43 on the... (Read More)
MATIC is pinned at $0.38 with every significant moving average stacked overhead as a wall of resistance and spot volume near non-existent; the 60/40 probability leans toward a continued bleed to th... (Read More)
MATIC is locked in a compression at $0.38 — pinned below its entire moving average stack with volume near dead — and the technical structure is unambiguously bearish until proven otherwise. A flush... (Read More)
A group including Polygon Labs will test an exporter paid in stablecoins and a UK importer settling in digital pounds, inside the same payment flow. The post Bank of England to Test Whether Stablecoins and a Digital Pound Can Settle the Same Trade appeared first on Unchained .
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces.
Timeline
12 recorded events- 22 Aug 2026Security IncidentThe Sandbox Contains Bridge Exploit After Unbacked SAND Minted on Base and BSC
The Sandbox said it has contained a vulnerability in the SAND cross-chain bridge on Base and BNB Smart Chain after an attacker minted unbacked tokens on both networks. The project put the impact at under 0.01% of the total SAND supply. It said that tokens on Ethereum (ETH) and Polygon (POL) are unaffected and that The post The Sandbox Contains Bridge Exploit After Unbacked SAND Minted on Base and BSC appeared first on BeInCrypto .
- 22 Aug 2026DevelopmentMATIC Price Prediction: The $0.38 Coil Is a Trap Door — Unless This Holds
Polygon is nailed to $0.38 with a 24-hour range of essentially zero, sitting beneath every major moving average while the stochastic screams oversold — a bounce toward $0.43–$0.45 is on the table, ... (Read More)
- 22 Aug 2026Security IncidentThe Sandbox faces security breach as 500M SAND minted on Base network
The breach undermines SAND's tokenomics, risking market instability and eroding trust in blockchain security and smart contract reliability. The post The Sandbox faces security breach as 500M SAND minted on Base network appeared first on Crypto Briefing .
- 21 Aug 2026DevelopmentMATIC Price Prediction: Dead Money or Dead-Cat Bounce — $0.43 Retest Coming Before the $0.31 Flush
MATIC is coiled at $0.38 with every major moving average stacked overhead as dead weight, but exhausted selling momentum and oversold stochastic readings put a short-term bounce toward $0.43 on the... (Read More)
- 17 Aug 2026DevelopmentMATIC Price Prediction: Dead Weight at $0.38 — Bear Trap or Gateway to the Abyss?
MATIC is pinned at $0.38 with every significant moving average stacked overhead as a wall of resistance and spot volume near non-existent; the 60/40 probability leans toward a continued bleed to th... (Read More)
- 16 Aug 2026DevelopmentMATIC Price Prediction: Trapped at $0.38 With Every Moving Average Stacked Overhead — Here's the Only Trade That Makes Sense
MATIC is locked in a compression at $0.38 — pinned below its entire moving average stack with volume near dead — and the technical structure is unambiguously bearish until proven otherwise. A flush... (Read More)
- 13 Aug 2026DevelopmentBank of England to Test Whether Stablecoins and a Digital Pound Can Settle the Same Trade
A group including Polygon Labs will test an exporter paid in stablecoins and a UK importer settling in digital pounds, inside the same payment flow. The post Bank of England to Test Whether Stablecoins and a Digital Pound Can Settle the Same Trade appeared first on Unchained .
- 13 Aug 2026EnforcementBank of England to Test Whether Stablecoins and a Digital Pound Can Settle the Same Trade
A group including Polygon Labs will test an exporter paid in stablecoins and a UK importer settling in digital pounds, inside the same payment flow. The post Bank of England to Test Whether Stablecoins and a Digital Pound Can Settle the Same Trade appeared first on Unchained .
Quick facts
3 fields- Type
- Coin
- Name
- Polygon
- Associated Asset
- POL
Frequently asked
- What is Polygon?
- Polygon is a digital asset whose associated token, POL, has been observed in market activity involving significant transfers to exchanges.
- What happened with Polygon on August 11, 2026?
- On August 11, 2026, Polygon-linked wallets deposited 18 million POL, valued at $1.36 million, into the FalconX exchange, contributing to a surging exchange supply.