Polygon (МATIC) joins the list of whale-preferred crypto tokens along with Ethereum, an attractive cryptocurrency for whales with its potential. Earlier this morning, a giant whale was spotted piling up his MATIC for a good amount. According to Whale Alert, an account that tracks whale trades, 5,190,398 МATIC were transferred from unknown wallets to Binance.
Binance Gets 5M MATIC from Unknown Wallet
The cryptocurrency market is growing, and January’s optimism has led whales to accumulate more crypto tokens than sell them. Largest cryptocurrency exchange Вinance has acquired Polygon in a deal worth around $5.6 million.
Also on March 26, 7,014,849 MАТIC worth more than $7.5 million was transferred from Polygon to private wallets. However, according to CoinMarketCap, Polygon’s 24-hour trading volume increased by more than 2.13% to $290 million, with a market capitalization of his $9 trillion.
Polygon’s transactions also skyrocketed, surpassing $40 million on March 24th. Moreover, in early 2023, the global cryptocurrency market is undergoing a positive transformation and significant price increases. Market leaders Bitcoin (BTC) and Ethereum (ETH) are trading steadily in the $28K to $1.8K range.
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