
Two Ethereum whales have added 1,899,990 MATICs ($4,417,976) in the last 24 hours, according to cryptocurrency whale tracker WhaleStats.
Two of the top 1,000 Ethereum wallets tracked by WhaleStats just bought 900,000 and 999,990 MATIC tokens, or $2,087,999 and $2,329,977 respectively, as Polygon continues to be among the leaders among big investors. MATIC, Polygon's native blockchain token, rose from a Dec. 4 low of $1.62 to a Dec. 7 high of $2.52, a gain of nearly 55%. MATIC was up slightly to $2.35 at the time of publication. In addition to buying the whale, the price increase is the result of more users learning about Polygon's cheaper pricing, increased efficiency and scalability.
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