Polygon (MATIC) Price Surge Linked to Rise in Whale Activity

In the last 30 days, the whale transaction volume of Polygon's MATIC has seen a substantial increase, generating heightened interest in the cryptocurrency. Whale transactions, defined as those exceeding $100,000, have experienced a remarkable surge, with data from on-chain analytics firm IntoTheBlock indicating a staggering 3,800% rise within the Polygon network.
This surge in whale transactions suggests the possibility of active buying and selling strategies being employed by institutional and large-scale investors in the Polygon MATIC ecosystem. KEEP READING