Sunday, June 29, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    NFT sales reach $125m, Ethereum dethrones Polygon

    NFT sales reach $125m, Ethereum dethrones Polygon

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

    OpenSea Dominates With 7.09k Sales as Azuki and Guild of Guardians Power NFT Market Momentum

    OpenSea Dominates With 7.09k Sales as Azuki and Guild of Guardians Power NFT Market Momentum

    Alchemy Pay and Xterio Partner to Enable NFT Purchases with Fiat and Cards

    Alchemy Pay and Xterio Partner to Enable NFT Purchases with Fiat and Cards

    Fan3 Brings Real Fans Back to the Front Row with Avalanche-Powered Platform

    Fan3 Brings Real Fans Back to the Front Row with Avalanche-Powered Platform

    From ‘Not a Fan’ to Crypto President—With His Own Meme Coin

    From ‘Not a Fan’ to Crypto President—With His Own Meme Coin

    Courtyard Tops Sales, CryptoPunks Dominate High-Value Trades

    Courtyard Tops Sales, CryptoPunks Dominate High-Value Trades

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    Matt Furie NFTs Crater 97% After Mint Exploit

    Matt Furie NFTs Crater 97% After Mint Exploit

  • Gaming
    Should You Play This NFT Soccer Game?

    Should You Play This NFT Soccer Game?

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Broken Bound Joins Forces with Adventure Layer to Reshape AI-Powered Onchain Gaming

    Broken Bound Joins Forces with Adventure Layer to Reshape AI-Powered Onchain Gaming

    Why Amazon’s NFT Experiment Failed

    Why Amazon’s NFT Experiment Failed

    GaFin And Decimated Collaborate to Start New Era of Web3 Gaming

    GaFin And Decimated Collaborate to Start New Era of Web3 Gaming

    The Lords of Light’ Is Shutting Down

    The Lords of Light’ Is Shutting Down

    NeoDashboard introduces strategy card game “War on Bugs”

    NeoDashboard introduces strategy card game “War on Bugs”

    How Rektguy Stayed Relevant After the NFT Hype Crash

    How Rektguy Stayed Relevant After the NFT Hype Crash

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    NFT sales reach $125m, Ethereum dethrones Polygon

    NFT sales reach $125m, Ethereum dethrones Polygon

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

    OpenSea Dominates With 7.09k Sales as Azuki and Guild of Guardians Power NFT Market Momentum

    OpenSea Dominates With 7.09k Sales as Azuki and Guild of Guardians Power NFT Market Momentum

    Alchemy Pay and Xterio Partner to Enable NFT Purchases with Fiat and Cards

    Alchemy Pay and Xterio Partner to Enable NFT Purchases with Fiat and Cards

    Fan3 Brings Real Fans Back to the Front Row with Avalanche-Powered Platform

    Fan3 Brings Real Fans Back to the Front Row with Avalanche-Powered Platform

    From ‘Not a Fan’ to Crypto President—With His Own Meme Coin

    From ‘Not a Fan’ to Crypto President—With His Own Meme Coin

    Courtyard Tops Sales, CryptoPunks Dominate High-Value Trades

    Courtyard Tops Sales, CryptoPunks Dominate High-Value Trades

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    Matt Furie NFTs Crater 97% After Mint Exploit

    Matt Furie NFTs Crater 97% After Mint Exploit

  • Gaming
    Should You Play This NFT Soccer Game?

    Should You Play This NFT Soccer Game?

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Broken Bound Joins Forces with Adventure Layer to Reshape AI-Powered Onchain Gaming

    Broken Bound Joins Forces with Adventure Layer to Reshape AI-Powered Onchain Gaming

    Why Amazon’s NFT Experiment Failed

    Why Amazon’s NFT Experiment Failed

    GaFin And Decimated Collaborate to Start New Era of Web3 Gaming

    GaFin And Decimated Collaborate to Start New Era of Web3 Gaming

    The Lords of Light’ Is Shutting Down

    The Lords of Light’ Is Shutting Down

    NeoDashboard introduces strategy card game “War on Bugs”

    NeoDashboard introduces strategy card game “War on Bugs”

    How Rektguy Stayed Relevant After the NFT Hype Crash

    How Rektguy Stayed Relevant After the NFT Hype Crash

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Altcoins

Analyst Says Polygon (MATIC) On Brink Of Major Move, Here’s Why

December 21, 2023
in Altcoins
12
Analyst Says Polygon (MATIC) On Brink Of Major Move, Here’s Why
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

READ ALSO

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

Toncoin heats up: What does $398M in trading volume indicate?

A cryptocurrency analyst has explained that Polygon could be on the brink of a major move due to a pattern in an on-chain indicator.

Polygon Whale Transactions Have Shot Up Recently

In a new post on X, analyst Ali has pointed out how the whales have shown a notable surge in activity on the MATIC network recently. The relevant indicator here is the “whale transaction count,” which keeps track of the total number of Polygon transfers happening on the blockchain that exceed a value of $100,000.

When the value of this metric is high, it means that the a large amount of such transactions are taking place right now. Such a trend is a sign that the whale entities have an active interest in trading the cryptocurrency.

On the other hand, the indicator being low implies the whales are potentially not paying much attention to the asset currently, as they aren’t making too many moves.

Now, here is a chart that shows the trend in the Polygon whale transaction count over the past month:

Polygon Whale Transaction Count

The value of the metric appears to have been quite high in recent days | Source: @ali_charts on X

As displayed in the above graph, the Polygon whale transaction count has observed a sharp rise in the last few days and has attained high levels not seen at any point during the past month.

In the chart, Ali has also attached the data for another version of the metric that keeps track of only the MATIC transactions that are carrying a value of at least $1 million.

See also  How GameStop helped Dogecoin, WIF rise 10% as memecoins surge 170%

These massive transactions are the ones more likely to move the market and it would appear that they have also gone up in number recently, implying that the whales haven’t been shy of moving around large stacks.

“Such significant movements often signal impending price changes,” explains the analyst in the post. “So we could be on the brink of a major MATIC price move!”

Any volatility that may arise of this high whale activity, however, could theoretically go in either direction, as the whale transaction count only tells us whether the whales are active or not, and doesn’t contain any info about whether buying or selling is dominant.

Considering that the transactions have spiked after the price has registered a significant drawdown from its recent local top above $0.94, though, it’s possible that the whales are making these moves to buy at the current relatively low prices.

It now remains to be seen how the Polygon price develops in the coming days given the high amount of trading activity that the whales have been participating in.

MATIC Price

Following the recent plunge, Polygon hasn’t been moving much in the last few days as its price has gone rather stale below the $0.80 level. The below chart shows how the cryptocurrency has performed during the last 30 days.

Polygon Price Chart

The price of the coin seems to have gone through a large drawdown just a while ago | Source: MATICUSD on TradingView

Featured image from GuerrillaBuzz on Unsplash.com, charts from TradingView.com, Santiment.net

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

See also  Bitcoin - Here's the true scale of halving's impact on miners, mining rewards

Tags: AnalystBrinkHeresMajorMATICmovePolygon

Related Posts

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor
Altcoins

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

June 25, 2024
Toncoin heats up: What does $398M in trading volume indicate?
Altcoins

Toncoin heats up: What does $398M in trading volume indicate?

June 25, 2024
Another $600M Exits, Price Drops Lower
Altcoins

Another $600M Exits, Price Drops Lower

June 25, 2024
Bitcoin faces downward pressure as Mt. Gox prepares for repayments
Altcoins

Bitcoin faces downward pressure as Mt. Gox prepares for repayments

June 25, 2024
XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?
Altcoins

XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?

June 24, 2024
True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares
Altcoins

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

June 24, 2024
Next Post
PancakeSwap’s CAKE spikes over 20% after proposal to reduce token supply by 300 million

PancakeSwap's CAKE spikes over 20% after proposal to reduce token supply by 300 million

Comments 12

  1. yxu1a says:
    3 weeks ago

    where to buy cheap clomiphene no prescription says: buy generic clomid tablets where can i buy generic clomiphene clomid tablets clomid for sale in mexico cost of clomid without a prescription where buy cheap clomiphene no prescription

    Reply
  2. safe order cialis canada says:
    3 weeks ago

    This is the make of post I find helpful.

    Reply
  3. flagyl for sinusitis says:
    3 weeks ago

    This is the description of glad I take advantage of reading.

    Reply
  4. 4lsg2 says:
    2 weeks ago

    generic zithromax 250mg – brand tindamax 300mg buy generic metronidazole

    Reply
  5. jo6i3 says:
    2 weeks ago

    rybelsus 14mg pills – brand semaglutide 14mg cyproheptadine 4 mg drug

    Reply
  6. nlzq6 says:
    2 weeks ago

    domperidone online – buy cheap generic tetracycline buy cyclobenzaprine 15mg pill

    Reply
  7. rq9rb says:
    1 week ago

    inderal over the counter – order inderal 20mg online cheap methotrexate price

    Reply
  8. i50av says:
    1 week ago

    cheap amoxil sale – buy diovan 160mg without prescription purchase ipratropium without prescription

    Reply
  9. hgzj6 says:
    5 days ago

    order zithromax generic – generic nebivolol buy cheap generic nebivolol

    Reply
  10. yh6r1 says:
    3 days ago

    clavulanate uk – https://atbioinfo.com/ ampicillin pills

    Reply
  11. sf1yi says:
    2 days ago

    esomeprazole price – anexa mate order nexium 20mg sale

    Reply
  12. b1ha6 says:
    8 hours ago

    buy warfarin paypal – cou mamide buy generic hyzaar over the counter

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Shiba Inu increases 2.53%, becoming crypto favorite alongside digital A.I token O2T

Shiba Inu increases 2.53%, becoming crypto favorite alongside digital A.I token O2T

March 26, 2024
NYU Undergrad’s $6 Million Empire

NYU Undergrad’s $6 Million Empire

December 28, 2023
JamboPhone: Aptos Foundation and Jambo’s Answer to Web3 Accessibility

JamboPhone: Aptos Foundation and Jambo’s Answer to Web3 Accessibility

February 17, 2024
Pudgy Penguins To Issue A Token Called PENGU This Year On Solana

Pudgy Penguins To Issue A Token Called PENGU This Year On Solana

December 6, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Bitcoin Miners’ Income Sinks to Yearly Low, Cryptoquant Research Finds
  • NFT sales reach $125m, Ethereum dethrones Polygon
  • Should You Play This NFT Soccer Game?

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.