Giant Whale Gets Millions From This Altcoin Project: Price Jumps!

The important news of the day comes with whale transfers detected by WhaleStats. The on-chain analytics firm, which tracks the 1,000 largest Ethereum whales, has announced that the second largest wallet has purchased 1 million MATIC worth $2,690,000. IntoTheBlock data also shows that all MATIC traders are in profit after the recent spike. This enthusiasm for Polygon stems from important milestones it has announced recently. Let’s take a look at the giant altcoin transactions of the day and its effect on the price.

Altcoin whales bought MATIC for millions! All investors in profit

cryptocoin.com According to the WhaleStats data we quoted as Polygon (MATIC), it seems to be a hit among whales as it is among the 10 most purchased tokens in the last 24 hours. The price of MATIC for these purchases has also increased by 28% in the last 3 days. The IntoTheBlock chart below shows that all MATIC traders are in profit.

  • IntoTheBlock’s Input/Output indicator shows that 100% of Polygon holders are in profit at a price of $2.63. The Input/Output series indicator categorizes the addresses and volume of cryptocurrencies according to their profits.

Polygon announces milestones

Polygon has announced yet another major milestone for Uniswap, both for its own infrastructure and the broader Ethereum ecosystem, that Uniswap will be published on Polygon. All Uniswap V3 contracts have been deployed on the Polygon PoS mainnet and Polygon is now supported on the official Uniswap interface. Also, on December 22, web browser Opera will open Polygon’s ecosystem first to Opera’s 80 million+ Android mobile device users, followed by users on other devices and platforms.

  • At the time of writing, MATIC is trading at $2.56 and also ranks as the 14th largest cryptocurrency by market cap. According to CoinGecko data, Polygon MATIC has increased by 13,765.4% in one year.

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