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After a major price crash, there has been a broad recovery in the cryptocurrency market, with the Polygon token (MATIC) recording a huge gain of 60% over the past 7 days.
As tracking services show, against the background of this price jump, the largest Ethereum cryptokit accumulated the MATIC token.
Over the past 48 hours, major ETH whales have bought more than $36 million worth of Polygon tokens.The wallet address, titled “BlueWhale0072,” single-handedly purchased $33.5 million worth of MATIC tokens in multiple transactions.
The largest cumulative transaction is estimated at $ 7.3 million Active purchases led to the fact that the MATIC token rose in the list of the most purchased tokens by ETH whales per day.
The Polygon token was also included in the list of the 10 most popular coins traded by crypto kits, and in the ranking of frequently used smart contracts of leading ETH wallets. Now 100 top Ethereum whales store more than $ 77 million on their MATIC wallets.
After a significant recovery, Polygon prices corrected slightly, showing a slight decline of 2%. Despite the price spurt, MATIC is still trading 77% below the price at the beginning of the year.
Recently, the Polygon team announced that Coinbase has started supporting deposits and withdrawals on the main network. Now customers of the trading platform can send and receive data directly to Polygon. It also allows you to seamlessly use Dapps on the network.
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