Understanding Polygon’s Current Position:
Polygon (MATIC) finds itself at a critical juncture, characterized by notable accumulation and price fluctuations. Recent data from Into The Block reveals that approximately 31,000 addresses have acquired a total of 216.94 million MATIC tokens at an average price of $0.73. This accumulation signifies a pivotal level for MATIC, serving as both a break-even point for investors and a significant support/resistance zone.·
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