ETH Whale Buys 15 Million MATIC as the Token Grows 26% 


As per WhaleStats, the whale identified as "BlueWhale0072" bought 10,000,000 and 4,723,190 MATIC tokens in two separate transactions over the course of the last 24 hours. These two purchases cost $8.7 million in total.

Whales have been actively obtaining MATIC for the past six weeks since early May. By doing this, they have seen a 9% increase in their wallet balances, which have gone from 100 million to 1 billion tokens.

The token's price has increased by more than 26% in the last two days after experiencing a jump of almost 70% during the previous week. The MATIC is currently being traded for $0.6134.