Polygon (MATIC) Price Surges Amid Spike in Whale Activity

Polygon (MATIC) Price Surges Amid Spike in Whale Activity

At the time of writing, MATIC is trading at $0.5881, up 4.02% in the last 24 hours as per data from CMC.
If the price manages to go past $0.59, then a fresh rally all the way till $0.85 is on the cards.
According to a tweet published by the market analytics portal Santiment, yesterday saw the biggest Polygon (MATIC) transaction since July 2023. According to the announcement, a whale transferred about 37 million MATIC tokens from a Proof of Stake (PoS) wallet to a 3-year old wallet. It was calculated that the value of the transferred tokens was $20.7 million.
While the crypto market as a whole was experiencing price losses yesterday, MATIC saw an upsurge in price. The momentum has been sustained by the bulls so far.
Massive Price Shift Anticipated
Moreover, the volume of MATIC token trades has increased dramatically during the last week, according to data compiled by the blockchain intelligence platform IntoTheBlock (ITB). There was a 16.96% increase to $17.49 million in whale transac

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We współpracy z: https://thenewscrypto.com/polygon-matic-price-surges-amid-spike-in-whale-activity/

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