The purchasing appetite of corporate companies for cryptocurrencies continues to increase day by day.
While the cryptocurrency market has exhibited a strong and positive stance in recent months, the interest of both individual and institutional investors is increasing. A new one has recently been added to the increasing number of institutional investor purchases and Goldman Sachs Market maker founded by former managers GSR He joined the trend.
Reported by on-chain analysis platform Lookonchain to data according to 29 November GSR, which took action on the day, was purchased from the cryptocurrency exchange Binance. $4.3 million worth 6.86 million Polygons (MATIC) he bought.
With the latest purchase, the cryptocurrency investment in the hands of the corporate whale for $29.5 million reached. Major altcoins other than MATIC that GSR invests in include: 4 million dollars worth Worldcoin (WLD), $2.3 million worth Ethereum (ETH) And $1.2 million worth Hashflow (HFT) is available.
The fact that whales continue to buy despite the recent increases is a sign of the future of the market. They maintain their positive expectations It was interpreted as.
According to CoinGecko data, in the last 24 hours 0.5% MATIC, which has lost value, at the time of writing from $0.764 is being traded.