Whales Move Their Funds to MATIC as Token's Price Increases by 10%: WhaleStats

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Whales Move Their Funds to MATIC as Token's Price Increases by 10%: WhaleStats
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Despite $MATIC facing a mild retrace, this whale still decides to grab a large portion of it

tokens that are currently going through a 13% run on the market. The whale is keeping the majority of his or her funds in stablecoins, according to the composition of funds.

According to the WhaleStats tracking service, Matic currently remains in the top-15 assets by dominance among whale-tier wallets. More than $200 million worth of MATIC is currently being held by large addresses.Matic itself has been actively moving through the rangebound market as the asset has not managed to break the $2 resistance zone after rapidly dropping from the current all-time high of $2.8. The local bottom was marked at $1.

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