Polygon (MATIC) Whales Suddenly Move Over $200,000,000 in Crypto As Markets Consolidate

Two large Polygon (MATIC) whales are moving gigantic troves of MATIC this week as the crypto markets consolidate. On Monday, an unknown wallet transferred 55 million MATIC worth more than $45.3 million to another unknown wallet, according to the crypto-tracking platform Whale Alert. Then, later in the day, a third unknown wallet transferred 196 million MATIC worth nearly $158 million to a fourth unknown wallet. MATIC is trading at $0.799267 at time of writing. The 14th-ranked crypto asset by market cap is down 4.7% in the past 24 hours. In July, Polygon, an Ethereum (ETH) scaling solution, rolled out zero-knowledge proof