Top ETH Whales Buying Polygon from MATIC; Will MATIC Prices Surge?


Polygon (MATIC) is trading among the top 8 cryptocurrency volume traders or the increased selling pressure resulting from the recent market collapse. However, cryptocurrency MATIC was once again ranked among the top Ethereum (ETH) Whales.
MATIC is held by ETH whales
According to WhaleStats data, Polygon (MATIC), joins the top 10 most bought cryptocurrencies by ETH whales. MATIC traded at $49,000.650 and was also included in the list. Notably, MATIC’s price jumped by 3% over the last 24 hours.
According to whale stats data, ETH whales bought MATIC worth $3.7million. Whale alert data also shows that MATIC worth $9.2million was transferred from Binance into another wallet. MATIC is currently held by ETH whales at a concentration rate 2.48%. It is worth $18 million. At a concentration rate 2.57%, DAI stablecoin currently holds the largest coin among the ETH whales.
Analyse of the Polygon (MATIC), price
Based on technical analysis of pricing for 2022, the minimum price for Polygon will be $0.859914. The MATIC price could rise to $0.979902 at the most. The average trading price for MATIC is $0.949905. The live price for MATIC was $0.9239 at the time of writing. It is possible that the price will rise in the coming days based on the current accumulation of MATIC from whales.
MATIC live price
According to coinmarketcap data, MATIC’s live market cap is $361,504,687 USD 24 hour trading volume. The current price of Polygon is $0.93049 US Dollar. Polygon has risen 2.56% in the last 24 hours. Current market cap is $8,062,206.164 USD. It has a maximum amount of 10,000,000,000 MATIC coins, and a circulating supply number of 8,734,317.475.
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The content presented may contain the author’s personal opinion and may not reflect current market conditions. Before investing in cryptocurrency, do your market research. The publication or the author are not responsible for any financial loss.

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