Mark Cuban reportedly unstaked and moved MATIC holdings to Coinbase
American billionaire Mark Cuban has moved to Coinbase over $2.5 million worth of MATIC he received from Polygon in 2021. Billionaire and Shark Tank star Mark Cuban has transferred nearly 3 million MATIC worth more than $2.5 million he originally received from the Polygon Ecosystem Growth initiative to crypto exchange Coinbase, according to data from blockchain monitoring platform Spot On Chain. American billionaire Mark Cuban (@mcuban) unstaked and deposited 2.82M $MATIC ($2.56M, price: $0.91) to #Coinbase ~6hrs ago. Notably, he received 2.5M $MATIC (then $4.25M) from the #Polygon Ecosystem Growth on May 24, 2021, and then staked them to earn more $MATIC. More… pic.twitter.com/vwQiJZkN3O — Spot On Chain (@spotonchain) December 26, 2023 You might also like: Polygon investors shift focus to new crypto token While the purpose of the transfer remains unclear, Cuban’s investment valued the assets at $4.25 million in May 2021. If sold at the current market pric...