{"id":603676,"date":"2024-04-17T13:00:49","date_gmt":"2024-04-17T13:00:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=603676"},"modified":"2024-06-11T07:00:28","modified_gmt":"2024-06-11T07:00:28","slug":"whale-alert-matic-poised-for-epic-surge-time-to-dive-in","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/whale-alert-matic-poised-for-epic-surge-time-to-dive-in\/","title":{"rendered":"Whale Alert: MATIC Poised For Epic Surge – Time To Dive In?"},"content":{"rendered":"

In the ever-volatile landscape of the cryptocurrency market, recent days have seen a surge in turbulence, with Bitcoin and leading altcoins struggling to maintain stability. Among them, MATIC<\/a>, the native token of Polygon, hasn’t been immune to the downward pressure, experiencing a drop of nearly 2% in the past 24 hours alone.<\/p>\n

Related Reading: Elon Musk Latest Tweet: How Much Did Dogecoin Gain From It Today?<\/a><\/div>\n

As of the latest data, MATIC is trading at $0.69, marking a 21% decrease compared to the previous week.<\/p>\n

\"\"Source: CoinMarketCap<\/pre>\n
MATIC: Whales Seize The Opportunity<\/strong><\/h2>\n
Despite the market downturn, some seasoned investors are viewing this as an opportunity to stockpile MATIC at lower prices. Large holders, colloquially known as whales, have been particularly active during this period of volatility.<\/p>\n
Notably, there has been significant accumulation of MATIC by whales, with one notable investor scooping up nearly 2 million tokens. This trend of accumulation is further evidenced by an uptick in the number of wallets holding substantial amounts of the altcoin, ranging from 1,000 to 10 million coins.<\/p>\n
\n
Which #altcoins<\/a> did whales buy after the market dropped?<\/p>\n
We noticed a fresh wallet withdrew $17.43M #altcoins<\/a> from #Binance<\/a> in the past 3 hours, including:<\/p>\n
48,922 $AVAX<\/a>($1.86M)
\n621,003 $FET<\/a>($1.45M)
\n5.14M $GRT<\/a>($1.44M)
\n1.9M $MATIC<\/a>($1.41M)
\n532,444 $OP<\/a>($1.29M)
\n135,751 $RNDR<\/a>($1.26M)\u2026 pic.twitter.com\/peeRi3E3nR<\/a><\/p>\n
\u2014 Lookonchain (@lookonchain) April 15, 2024<\/a><\/p><\/blockquote>\n
Additionally, large transactions worth more than $100,000 have increased significantly, indicating a concerted effort by whales to buy the dip.<\/p>\n
<\/p>\n
Total crypto market cap is currently at $2.231 trillion. Chart: TradingView<\/a><\/pre>\n
Bullish Sentiment Prevails Among Whales<\/strong><\/h2>\n
Whales remain steadfast in their bullish outlook for MATIC. Data shows that more than half of all whale positions for the crypto on Binance are long. This suggests that large investors are confident in the token’s potential for a short-term rebound. Their optimism is rooted in their belief in the underlying fundamentals of MATIC and its role within the Polygon ecosystem.<\/p>\n
However, amidst the backdrop of price volatility, there has been a surge in negative commentary surrounding the coin. The Weighted Sentiment indicator reflects an increase in bearish sentiment, potentially influencing retail investors’ participation.<\/p>\n
\"\"Source: Santiment<\/pre>\n
Negative discourse, particularly on social media platforms, can have a significant impact on market sentiment and investor behavior. Retail investors, often swayed by discussions and sentiment online, may be cautious in their approach to MATIC amidst the prevailing negativity.<\/p>\n
Related Reading: Analyst Keeps Faith In XRP, Targets $288 Despite Price Retreat<\/a><\/div>\n
Furthermore, Santiment’s data analysis corroborates the uptick in whale activity and accumulation of MATIC during the market downturn. Santiment’s insights provide additional context to the trends observed in whale behavior, offering valuable information for market participants.<\/p>\n
While the cryptocurrency market grapples with uncertainty and price fluctuations, MATIC stands out as a focal point of activity. Whales are leveraging the market downturn to accumulate MATIC, expressing confidence in its future prospects.<\/p>\n
Despite challenges posed by negative commentary, the bullish sentiment among whales underscores the resilience of MATIC within the broader crypto landscape.<\/p>\n
Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
In the ever-volatile landscape of the cryptocurrency market, recent days have seen a surge in turbulence, with Bitcoin and leading altcoins struggling to maintain stability. Among them, MATIC, the native token of Polygon, hasn’t been immune to the downward pressure, experiencing a drop of nearly 2% in the past 24 hours alone. Related Reading: Elon Musk Latest Tweet: How Much Did Dogecoin Gain From It Today? As of the latest data, MATIC is trading at $0.69, marking a 21% decrease compared to the previous week. Source: CoinMarketCap MATIC: Whales Seize The Opportunity Despite the market downturn, some seasoned investors are viewing this as an opportunity to stockpile MATIC at lower prices. Large holders, colloquially known as whales, have been particularly active during this period of volatility. Notably, there has been significant accumulation of MATIC by whales, with one notable investor scooping up nearly 2 million tokens. This trend of accumulation is further evidenced by an uptick in the number of wallets holding substantial amounts of the altcoin, ranging from 1,000 to 10 million coins. Which #altcoins did whales buy after the market dropped? We noticed a fresh wallet withdrew $17.43M #altcoins from #Binance in the past 3 hours, including: 48,922 $AVAX($1.86M) 621,003 $FET($1.45M) 5.14M $GRT($1.44M) 1.9M $MATIC($1.41M) 532,444 $OP($1.29M) 135,751 $RNDR($1.26M)\u2026 pic.twitter.com\/peeRi3E3nR \u2014 Lookonchain (@lookonchain) April 15, 2024 Additionally, large transactions worth more than $100,000 have increased significantly, indicating a concerted effort by whales to buy the dip. Total crypto market cap is currently at $2.231 trillion. Chart: TradingView Bullish Sentiment Prevails Among Whales Whales remain steadfast in their bullish outlook for MATIC. Data shows that more than half of all whale positions for the crypto on Binance are long. This suggests that large investors are confident in the token’s potential for a short-term rebound. Their optimism is rooted in their belief in the underlying fundamentals of MATIC and its role within the Polygon ecosystem. However, amidst the backdrop of price volatility, there has been a surge in negative commentary surrounding the coin. The Weighted Sentiment indicator reflects an increase in bearish sentiment, potentially influencing retail investors’ participation. Source: Santiment Negative discourse, particularly on social media platforms, can have a significant impact on market sentiment and investor behavior. Retail investors, often swayed by discussions and sentiment online, may be cautious in their approach to MATIC amidst the prevailing negativity. Related Reading: Analyst Keeps Faith In XRP, Targets $288 Despite Price Retreat Furthermore, Santiment’s data analysis corroborates the uptick in whale activity and accumulation of MATIC during the market downturn. Santiment’s insights provide additional context to the trends observed in whale behavior, offering valuable information for market participants. While the cryptocurrency market grapples with uncertainty and price fluctuations, MATIC stands out as a focal point of activity. Whales are leveraging the market downturn to accumulate MATIC, expressing confidence in its future prospects. Despite challenges posed by negative commentary, the bullish sentiment among whales underscores the resilience of MATIC within the broader crypto landscape. Featured image from Pexels, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":603692,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85876,3],"tags":[134,6664,40670,83584,14781],"class_list":["post-603676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","category-news","tag-altcoin","tag-crypto","tag-matic","tag-polygon","tag-whales"],"acf":[],"yoast_head":"\nWhale Alert: MATIC Poised For Epic Surge - Time To Dive In?<\/title>\n<meta name=\"description\" content=\"In the ever-volatile landscape of the cryptocurrency market, recent days have seen a surge in turbulence, with Bitcoin and leading altcoins struggling to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/whale-alert-matic-poised-for-epic-surge-time-to-dive-in\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Whale Alert: MATIC Poised For Epic Surge - 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Whale Alert: MATIC Poised For Epic Surge – Time To Dive In?","url":"http:\/\/uniquehot.com\/news\/whale-alert-matic-poised-for-epic-surge-time-to-dive-in\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/whale-alert-matic-poised-for-epic-surge-time-to-dive-in\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/a_77a238.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/a_77a238.jpg?fit=5242%2C3499"},"articleSection":"Altcoin","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","crypto","matic","polygon","whales"],"dateCreated":"2024-04-17T13:00:49Z","datePublished":"2024-04-17T13:00:49Z","dateModified":"2024-06-11T07:00:28Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Whale Alert: MATIC Poised For Epic Surge – Time To Dive In?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/whale-alert-matic-poised-for-epic-surge-time-to-dive-in\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/whale-alert-matic-poised-for-epic-surge-time-to-dive-in\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/a_77a238.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/a_77a238.jpg?fit=5242%2C3499\"},\"articleSection\":\"Altcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"crypto\",\"matic\",\"polygon\",\"whales\"],\"dateCreated\":\"2024-04-17T13:00:49Z\",\"datePublished\":\"2024-04-17T13:00:49Z\",\"dateModified\":\"2024-06-11T07:00:28Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/a_77a238.jpg?fit=5242%2C3499","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/603676"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=603676"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/603676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/603692"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=603676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=603676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=603676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}