Key Points: The MATIC whale makes an unexpected move and sells millions of tokens. In return for some DAI, the whale accepts Polygon’s token. The whale’s wallet witnessed its first MATIC transaction when the token was being traded for $0.02.
Most likely, the unexpected rise in the price of the MATIC token is due to its performance on the market. It has been rising over the past several days. The value of Polygon’s token has risen by more than 52% since January 1st, when the local bottom was reached.
A pioneering MATIC whale makes an unexpected move and sells millions of tokens, in the midst the asset’s meteoric rise on the market. In return for some DAI, the whale accepts Polygon’s token. The whale’s wallet witnessed its first MATIC transaction when the token was trading at $0.02. According to Lookonchain’s on-chain information, the early holder traded 4.5 million tokens at a cost of $1.14 for 5.2 million DAI. The profit was high because the addresses received a portion at $0.02 per token. This is based on information from Lookonchain. The value of Polygon’s token increased by more 52% since January 1st, when the local bottom was reached. The token’s performance in 2019 has been significantly better than it was at the end of 2022. Even without the market rally, MATIC began moving upwards before Bitcoin and Ethereum giants. Prior to the sharp rebound, Polygon aggressively promoted the network’s fundamental growth by supporting a number blockchain-related events, luring developers into the ecosystem, as well as building it in line with their long-term plans. MATIC has performed better than other competitors in terms of monetary performance. MATIC has performed better than some competitors in terms of monetary performance since July. We encourage you to do your research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comAnnieCoincu NewsTags: MATICPolygonPolygon’s token