đšCrypto: Polygon whales boost activity by 1,400%
â The crypto market never fails to surprise. The latest, Polygon (MATIC) whale activity has surged by over 1,400%. This massive increase in trading volume illustrates the strategic behavior of the assetâs largest holders. As Bitcoin continues to attract attention, movements within the Polygon ecosystem could well herald new momentum.
đšThe rise of massive transactions
â Data provided by IntoTheBlock reveals a dramatic increase in trading volume of over $100,000 for Polygon. This 1,400% jump indicates increased interest, possibly from institutional investors.
â The latter, often compared to âwhalesâ, play a crucial role in major fluctuations in crypto markets.
â For MATIC, this surge could well be the harbinger of a notable recovery.
â Indeed, despite a decline of more than 13% over the past 30 days, the recent surge in massive transactions could mark the start of a rally.
â With over $102 million traded, or over 203 million MATIC tokens, the situation deserves special attention.
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