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In the last 24 hours, the whales have added 1,899,990 MATICs to their assets

In the last 24 hours, the whales have added 1,899,990 MATICs to their assets

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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