MATIC continues to trade in price range, giving holders ample opportunities to make deposits
According to sentiment On-chain data shared by crypto analyst Ali Martinez, addresses holding 100,000 to 1,000,000 MATICs have acquired over 20,000,000 MATICs since May 15. MATIC price touched a low of $0.476 on May 12 before entering its current consolidation.
The recent behavior of whales may be because they are taking advantage of a decline or consolidation to buy the token at a discount.
Check out the top 100 whales here: https://t.co/tgYTpOm5ws8 June 2022
According to whalestats According to the data, MATIC is also among the top 10 largest 500 ETH whales by trading volume in the last 24 hours. According to WhaleStats, the top 2,000 ETH whales have $118,390,533 MATICs.
MATIC price continues to trade in a range, giving holders ample opportunities to make deposits. At the time of publication, MATIC was up 2.84% at $0.63, in line with the latest crypto market rebound. In any case, a break above the $0.84 resistance could mean that the bottom is reached at $0.47, which could lead to further increases.
Circle announces support for Polygon USDC
Circle customers can now deposit and withdraw Polygon USDC as Circle announces support. It allows businesses to easily accept payments and pay as desired in fiat currency from Polygon USDC, or Off-Ramp.
Users can easily transfer and swap Polygon USDC from its native USDC counterpart across the eight blockchains it currently supports, including Algorand, Avalanche, Ethereum, Flow, Hedera, Solana, Stellar and TRON.
Polygon, a Layer 2 scaling solution, is designed to run decentralized applications (DApps) built for Ethereum and, as of May 2022, already hosts over 19,000 DApps and over 2.7 million active monthly wallets.