- Whale Alert revealed in an X post that a whale sent 6,999,890 MATIC from Binance to an unknown wallet.
- At press time, MATIC was changing hands at $0.8312 following a 24-hour gain of 1.51%.
- MATIC was attempting to overcome the $0.85 resistance level and could rise to $1.0785.
The cryptocurrency whale tracking platform Whale Alert revealed in an X post today that a whale transferred a substantial amount of Polygon (MATIC) tokens out of Binance. According to the post, 6,999,890 MATIC, estimated to be worth $5,895,339, was sent from the leading cryptocurrency exchange to an unknown wallet.
6,999,890 #MATIC (5,895,339 USD) transferred from #Binance to unknown wallethttps://t.co/mmpeK5JcxR— Whale Alert (@whale_alert) November 10, 2023
This transfer took place after MATIC recorded a 24-hour gain. According to CoinMarketCap, the price of MATIC rose 1.51% throughout the past day of trading. Subsequently, the altcoin was trading hands at $0.8312 at press time. This positive performance pushed MATIC’s price performance over the past week to above +25% as well.
The significant amount of MATIC tokens sent off of Binance is a positive sign for MATIC holders, as…
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