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Home»ALTCOIN NEWS»Polygon Whales Continue Buying as They Acquire $90,000,000 Worth of MATIC: Trader
ALTCOIN NEWS

Polygon Whales Continue Buying as They Acquire $90,000,000 Worth of MATIC: Trader

By Crypto FlexsDecember 1, 20232 Mins Read
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Polygon Whales Continue Buying as They Acquire ,000,000 Worth of MATIC: Trader
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Cryptocurrency analyst and trader Ali Martinez said deep-pocketed investors are stealing massive amounts of Ethereum (ETH) scaling solution Polygon (MATIC).

Martinez says 34,000 followers of social media platform

“Polygon: MATIC whales have been buying recently, amassing over 120 million MATICs last week. That’s a massive investment worth $90 million!”

Source: Ali Martinez/X

MATIC is trading at $0.76 at the time of this writing, up slightly over the past 24 hours.

Next is the merchant announcement Leading blockchain oracle provider Chainlink (LINK) is seeing a surge in activity as whale trading surges.

“Chainlink: Yesterday LINK witnessed its largest surge in whale trading this year, with over 2,600 trades exceeding $100,000 each!”

video
Source: Ali Martinez/X

Chainlink is trading at $14.38 at the time of writing, down 1.6% in the last 24 hours.

Finally, the merchant Called The memecoin Dogecoin (DOGE) could see a massive breakout, increasing more than 68% from its current value.

“Dogecoin: On the weekly chart, DOGE faces a major hurdle of $0.087. This important level is marked by the convergence of the 0.786 Fibonacci level and the 100- and 200-week exponential moving averages (EMAs). Breaking this barrier could open the door for DOGE to nearly double its price, targeting the $0.14 target.”

video
Source: Ali Martinez/X

Dogecoin is trading at $0.0830 at the time of writing, up 3.1% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created: DALLE3

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