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Whale Initiates Massive $12,000,000 Polygon (MATIC) Transaction on Coinbase As Top Crypto Asset Rebounds

A crypto whale has abruptly transferred $12 million worth of the blockchain scaling solution Polygon (MATIC) as the top crypto asset flashes signs of strength.

The crypto-tracking platform Whale Alert reported the transaction and notes the large address sent 13,428,828 MATIC tokens to top US crypto exchange Coinbase.

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