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AMB Crypto 2023-02-17 00:30:31

Assessing reasons behind MATIC’s unprecedented spike in its value

MATIC whale supply distribution has risen to 11% in February. 30-day MVRV reflects profits as active addresses decline. Recently, there has been a rise in the price of Polygon [MATIC], and this increase appears to have been caused by the activity of some whale addresses. What are some of the likely reasons behind the actions

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