On-chain data shows Polygon whales have continued to accumulate recently, adding a total of 55 million MATIC during the past month.
As pointed out by an analyst on Twitter, Polygon holders with between 10 million and 100 million MATIC have been buying recently. The relevant indicator here is the “MATIC Supply Distribution” from the on-chain analytics firm Santiment, which tells us which wallet groups in the market are holding how many coins right now.
(By Hououin Kyouma)
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