The price of Polygon (MATIC) has surged by 5.19%.

Santiment has provided data on the cost of Polygon (MATIC), emphasizing that the price has reached its highest level since August after a transfer of 20.7 million dollars by whales. Unusually high activity among holders was observed in Polygon when a whale transferred 37 million MATIC, marking the largest transfer on the Polygon network since July.

Santiment also reported that 37 million MATIC
was transferred from a whale's PoS address to a wallet three years old, coinciding with a 4% price increase for the 12th largest cryptocurrency by market capitalization, while the rest of the crypto market suffered losses. The aforementioned transaction became the largest transaction on the Polygon network since July.
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