18/10/2025 POLYGON Article # 26
Tokenomics not only indicates supply and emissions - it also indicates who holds that supply. When whales (large holders) hold a significant portion, volatility in market dynamics can increase. In this article, we will look at the current distribution snapshot of @0xPolygon and reflect on the recent movements of whales and present a framework for a weekly tracker that you can update regularly.
$POL Token distribution structure (whales vs retail), recent large transfers, and a weekly tracker framework show how large wallets can influence the market.
Token Distribution Snapshot: Whales vs Retail
According to the rich list on Polygonscan, an address tagged as “Polygon: POL Token” holds approximately 7.39 billion POL (~70.29%) .
This shows that there is a significant portion held in the top wallet, but it is also clear that this wallet may be related to the protocol / token contract (treasury / migration reserve).
Some discussions on Reddit have indicated that the top 10 wallets hold about 86% of POL, although a large portion may be foundation-controlled or in staking reserves.
The total number of HOLDERS on Polygonscan is ~104,690, indicating that the retail base is relatively small.
Metric Snapshot:
• Total Supply: 10,000,000,000 POL Polygon (POL) Blockchain Explorer
• Top Wallet (Token contract / reserve) holds ~70.29% Polygon (POL) Blockchain Explorer
• Number of holders: ~104,690 Polygon (POL) Blockchain Explorer
This data shows that distribution is quite centralized - and it is essential to look at how that centralization is controlled (foundation / protocol reserve or independent whales).
Recent Whale Movements & Alerts
CCN reports that POL whales have accumulated during this period, and this accumulation may contribute to price momentum.
According to a report, whales bought 50 million POL this week, leading to a price surge of ~30%.
A Binance Square post mentions that whales showed activity in buying > 59 million POL, which attracted market attention.
On the other hand, a sell-off was also reported in which 5.64 million POL was sold, causing a stir.
These (movements) indicate that whales are still active - both accumulation and selling may be happening - and large transfers can be early signals of market direction.
Weekly Large Transfer / Whale Tracker: Framework & Metrics
Below are the key metrics that you can include in the weekly tracker:
Metric Description Interpretation / Importance Whale net inflow / outflow Large transfers to exchanges vs from exchanges If inflow is high → sell pressure; if outflow is high → accumulation Top N wallet balance change Change in holdings of Top 5 / Top 10 wallets An increase in whales' hold may indicate a trend shift Foundation / Treasury transfers Large transfers from POL Foundation / Reserve wallets reserve usage / distribution signals Count of transfers above threshold (e.g. > $1M) How many transfers were of very large size whale activity intensity indicator Exchange supply dominance How much supply is present on exchanges If more supply is on exchanges → sell-risk and liquidity pressure may increase
You can extract this data weekly from tools like Polygonscan, Dune Analytics, Whale Alert and create visual dashboards.
Implications: What Whales Can Do & Risks
Whales accumulate → this may signal that they expect future appreciation.
But if they later deposit on exchanges → this may signal sell pressure.
Retail holders often follow the activity of whales, and small momentum amplification may occur.
Heavy whale dominance is a risk - if they exit suddenly, there could be a sharp downside impact on the market.
Conclusion
Token distribution insights tell us that in the current structure of POL, there is a significant portion held by whales and reserves. Recent large transfer movements show both accumulation and sell-offs. If you create a regular weekly tracker and track those metrics, you can get early signals from whale behavior.
Do you believe that $POL will outperform in the upcoming bull run due to whale dynamics? Share your thoughts in the comments. Stay connected with IncomeCrypto for more information about this project.
@0xPolygon #Polygon $POL #POL #WhaleWatch #TokenDistribution