# Polygon Multisig Address Sends 52.928 Million POL to Staking Contract

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/40146
Published: 2026-10-24T16:50:45.000Z
Updated: 2026-10-24T16:50:45.000Z
Section: Investing

> The transfer involved an address identified as 0xFA5 and was valued at about $4.82 million.

The address labeled as a Polygon multisignature wallet, 0xFA5, transferred 52.928 million Polygon (POL) to a staking contract. The tokens were valued at about $4.82 million.