Top 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.
- Expert Explains Pi Network–Sign Meeting, Says It Could Trigger Binance Listing
- Is Trump Family, Mr. Beast Buying ASTER Token? Rumors Gain Strength
- Solana ETF Update: Grayscale, Fidelity, Others Files S-1 With Staking, Approval Expected in Two Weeks
- Cyber Hornet Seeks SEC Nod for S&P 500 and XRP ETF
- Cathie Wood’s Ark Invest Eyes Stake in Tether as USDT Issuer Targets $500B Valuation
- Solana Price Set for Q4 Surge as Canary Capital ETF Filing Meets Wyckoff Accumulation
- Avalanche Price Could Surge to $50 as Transactions Jump 200%
- CHMPZ Price Prediction:Will This Net-Zero Community Token be the Next Gem?
- Ethereum (ETH) Price Set for a rebound as Whales Accumulate $1.6B ETH and Outflows Hit $622M
- HYPE Price Prediction As Bitwise Files For Hyperliquid ETF – Is $55 In Sight?
- Shiba Inu Price Eyes Recovery From Demand Zone With Burn Rate Soaring Nearly 400%
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.
