MATIC Soars 70 This Week as Whales Show Highest Accumulation Since November

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Tyler Moore

Data agency IntoTheBlock has tweeted that amid massive accumulation of MATIC, the price of this token has spiked by nearly 70 percent since the start of the week.This week which is about to end, MATIC has outperformed the rest of the cryptocurrency market. The tweet also states that over the past 6 weeks, wallets holding between 100 million and 1 billion MATIC have increased their balances by roughly 9 percent. This has been the largest accumulating of the token since November last year.