POL falls below $0.10 as thin liquidity and selling pressure weigh

  • POL fell below $0.10, with reports recording an 8.9% or 12.51% decline and lows of $0.092 or $0.093.
  • Volume reached $87.6 million as 70.9% of transfer activity was flagged as wash trading across 1,063 wallets.
  • Derivatives remained negative, while exchange-flow readings conflicted between token withdrawals and $849,000 of spot inflows.

Polygon’s POL (ex-MATIC) declined 8.9% to about $0.094 in the newer market snapshot, while the older snapshot recorded a 12.51% drop to $0.091205. Reports differed on the intraday low, citing $0.093 and $0.092, but both placed the token below the $0.10 support level. Trading volume rose 54.8% to $87.6 million in the newer report, while the older report cited roughly $0.08 billion and found that 70.9% of transfer volume involved wash trading across 1,063 wallets. Flow indicators were mixed: the older token-denominated data showed a 4.16 million-POL net withdrawal from centralized exchanges on August 31, whereas the newer dollar-denominated spot reading showed approximately $849,000 entering exchanges. Derivatives remained negative, with $46.79 million in perpetual-futures sell volume versus $43.2 million in buys, negative delta of $9.8 million, net buying of -$98 million and futures netflow of -$1.55 million after five days of outflows. POL remained about 68% below its $0.2879 all-time high reached on September 3, 2025, and technical analysis identified $0.082 as the next support if selling persists. Contract risks, concentrated holdings and unresolved transfers by large accumulators keep the outlook conditional.

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