Claim BonusTop 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.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Breaking: $800B Interactive Brokers Launches Nano Bitcoin, Ethereum Futures via Coinbase Derivatives
- Michael Saylor Says Strategy Won’t Sell Bitcoin Despite Unrealized Loss, Will Keep Buying Every Quarter
- BlackRock Bitcoin ETF (IBIT) Options Data Signals Rising Interest in BTC Over Gold Now
- XRP and RLUSD Holders to Access Treasury Yields as Institutional-Grade Products Expand on XRPL
- Prediction Market News: Polymarket to Offer Attention Markets Amid Regulatory Crackdown
- Bitcoin Price Analysis Ahead of US NFP Data, Inflation Report, White House Crypto Summit
- Ethereum Price Outlook As Vitalik Dumps ETH While Wall Street Accumulates
- XRP Price Prediction Ahead of White House Meeting That Could Fuel Clarity Act Hopes
- Cardano Price Prediction as Bitcoin Stuggles Around $70k
- Bitcoin Price at Risk of Falling to $60k as Goldman Sachs Issues Major Warning on US Stocks
- Pi Network Price Outlook Ahead of This Week’s 82M Token Unlock: What’s Next for Pi?
