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