$POLYX
Analysis date: March 17, 2026
In the last 24 hours, the Polymesh ecosystem has shown explosive growth in both price equivalent and activity of large holders. While retail investors watch the charts, large capital movements are occurring within the network.
1. Price dynamics: Vertical surge
According to the POLYX chart, the coin made a powerful breakthrough:
Current price: $0.0562 (up +34.31% in a day).
Technical picture: The chart shows a classic "parabolic run". The price consolidated around $0.040 for a long time, after which there was a vertical impulse with huge trading volume ($18.5M - $23.6M on individual candles).
Indicators: CVD (Cumulative Volume Delta) sharply increased, confirming aggressive market purchases rather than just manipulative liquidity withdrawal.
Data
2. Analysis of "whales": Million-dollar transactions
Data from the Transfers (Large) section on Subscan reveals the true reason for the movement. We observe a series of transactions exceeding average volumes:
Key observation: Most large transfers (for example, 5 million and 3.8 million POLYX) are made between the same wallets. This may indicate over-the-counter (OTC) deals or redistribution of funds by a major market maker before the next growth phase.
3. Network state and tokenomics
Chain Data statistics show a healthy network structure:
Staking: 545.38M POLYX locked (~43.39% of the total supply). This is a critical indicator — almost half of the coins have been removed from free circulation, creating a "supply shortage" as demand increases.
Holders: 12,764 accounts. Despite the price increase, the number of holders remains relatively small, indicating an early stage of audience engagement.
Inflation: Stands at 9.56%, which is normal for networks with a PoS consensus mechanism focused on security.
4. Conclusion
#POLYX is currently in an active price discovery phase. The combination of reduced supply through staking and aggressive transfers of large volumes creates the perfect storm for further growth.
However, considering the vertical chart, investors should be cautious: after such an impulse, a technical correction to the support level of $0.048 - $0.050 is possible, where "whales" may start accumulating again.