[Polygon Multisignature Wallet Stakes Nearly 53 Million POL, Worth Over $4.8 Million] According to TechFlow, on October 24th, data monitored by Arkham showed that the address "0xFA5," tagged as a Polygon multisignature wallet, transferred a total of 52.928 million POL to the staking contract address, worth approximately $4.82 million. Market analysts believe that the recent increase in Polygon staking activity is related to the rising APY, which may provide some support for POL and alleviate downward pressure on its price.