MATIC Large Holders Increased Their Portfolios by Over 20 Million Tokens Since Mid-May

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MATIC Large Holders Increased Their Portfolios by Over 20 Million Tokens Since Mid-May
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MATIC whale holdings surge by over 20 million tokens since mid-May per this metric Polygonmatic

data, MATIC also ranks among the top 10 in trading volumes for the largest 500 ETH whales in the last 24 hours. The top 2,000 ETH whales, according to WhaleStats, are hodling $118,390,533 MATIC.

MATIC's price continues to trade in a range, giving holders ample opportunity to accumulate. At the time of publication, MATIC was slightly higher, by 2.84% at $0.63, in line with the latest crypto market rebound. In any case, a break above the $0.84 barrier might imply that a bottom may have been reached at $0.47, leading to further upside gains.Polygon USDC

as Circle announces support. This allows for businesses to easily accept payments and make payouts in Polygon USDC, or off-ramp to fiat currency as desired. Users can also easily transfer and swap Polygon USDC to and from its native USDC counterpart across the eight blockchains that currently support it, including Algorand, Avalanche, Ethereum, Flow, Hedera, Solana, Stellar and TRON.

Polygon, a Layer 2 scaling solution, is designed to run decentralized applications built for Ethereum and, as of May 2022, already hosts more than 19,000 dApps and over 2.7 million active monthly wallets.

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