28 million MATIC bought and sold by whales over the weekend. In the past three days, approximately $57 million of MATIC has been bought and sold by cryptocurrency whales. As reported by popular cryptocurrency tracker Whale Alert, a wallet with an unregistered owner transferred 2.6 million MATIC tokens to Binance exchange. However, considering the amount of MATIC carried by whales over the weekend, there has been heavy traffic on the popular altcoin Polygon blockchain.
Density in popular altcoin MATIC
Kryptokoin.com The whales have sold 71 million MATICs, he learned. Data from the whales’ address on the Polygon blockchain shows that the owner of this cryptocurrency has held 71,451,559 tokens in the past four months. But 125 days ago, he took that crypto out of his wallet, possibly to sell it or convert it to a different crypto. Four hours ago, it also shifted 2,674,144 MATIC tokens to the Binance exchange. They currently have 0.00936988 MATIC in their wallet.
Big ETH whales are trading 25.4 million MATIC. According to the information received, on the weekend of January 8, some of the top 1000 ETH whales according to the WhaleStats list purchased 7,275,966 MATIC tokens. This is equivalent to $15,144,497. These acquisitions were made by ETH whales ranked 557th, 119th and 169th on the WhaleStats scale. Some also bought large amounts of LINK and FTX tokens. Some of the top 1000 ETH whales continue to stock on LINK today. Also, on January 8, two major MATIC transfers were detected by the aforementioned Whale Alert. These two transactions moved 18.2 million tokens worth $12,119,079. Therefore, the total amount of MATIC bought, sold and moved between wallets since Saturday amounts to over 28 million tokens, which equates to $57,181,419 in fiat.