MEXCTop ETH Whales Buying Polygon (MATIC); Will MATIC Price Surge?
Polygon (MATIC), is trading among the top 8 by cryptocurrency volume or increased selling pressure due to the recent market collapse. However, cryptocurrency MATIC again landed on the top choices of the Ethereum (ETH) Whales.
ETH whales holding MATIC
As per the data provided by WhaleStats (tracking crypto whales) on December 14, Polygon (MATIC) joins the list of top 10 most purchased cryptocurrencies by ETH whales. In terms of trading volume, MATIC traded at $49,650 and also became part of the list. Notably, the cryptocurrency MATIC price spiked by 3% in the last 24 hours.
As per the data collected from whale stats, ETH whales have bought MATIC worth $3.7 million. Moreover, as per the data from Whale alert MATIC worth $9.2 million was transferred from Binance to another wallet. ETH whales currently hold MATIC of worth $18 million at a concentration rate of 2.48%. Currently, DAI stablecoin is the biggest coin held by the ETH whales at a concentration rate of 2.57%.
Polygon (MATIC) price Analysis
The minimum price of Polygon will be $0.859914, based on a technical analysis of pricing for 2022. The MATIC price might rise to a maximum of $0.979902. The estimated average trading price is $0.949905. While writing this piece the live price of MATIC is $0.9239. As per the current accumulation of MATIC by whales it indicates price may surge in upcoming days.
MATIC live price
As per the coinmarketcap data, the live market cap of MATIC is $361,504,687 USD 24-hour trading volume. The live Polygon price is $0.93049 USD. In the past 24 hours, Polygon has increased by 2.56%. With a current market cap of $8,062,206,164 USD. It has a maximum quantity of 10,000,000,000 MATIC coins and a circulating supply of 8,734,317,475.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Related Articles
- Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock
- JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline
- Arthur Hayes Bets Big on Zcash as It Tops $10B and Surpasses Hyperliquid
- Kalshi Sees Nearly 50-Day Shutdown As Bitcoin Now Mirrors Nasdaq
- Breaking: Crypto Market Structure Bill Faces Delay Amid U.S Senate Drafting Issues
- NEAR Protocol Price Surges 37% as Open Interest Jumps 59% — Is $5 the Next Target?
- Can Ethereum Price Break Below $3k as Exchange Reserves Hit Record Lows?
- Avalanche Price Nears 60% Jump Ahead of Granite Upgrade as AVAX Burn Rate Jumps
- Bitcoin Price Crashes Below $100K: What’s Driving the Drop?
- Zcash Price Surges 24% as November 2025 Halving Hype Grows – Is $1,000 Next?
- Shiba Inu Price Soars 5%: Is SHIB About to Erase Another Zero?
