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Crypto Express

07/10 15:23

Ethereum investors fuel POL’s rally



The latest surge in POL’s price was primarily driven by a cross-ecosystem liquidity injection, according to Artemis.

In fact, Total Bridge Netflow data, which tracks the movement of funds across blockchains, revealed that Ethereum investors moved significant capital into Polygon over the last 24 hours.

At the time of analysis, over $10.4 million in net inflows had been used to purchase POL – A sign of strong demand for the asset.

Historically, such demand spikes tend to trigger uptrends, with the same highlighted by POL’s recent rally.

However, according to analysis, the rally may be coming to an end soonE535F21A-C7A5-4F95-AEFA-E6C37F72E8DB-768x372.png

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