.intotheblock Polygon (MATIC) whales large transactions skyrocket 742% amid latest updates MATIC $MATIC
, an on-chain analytics firm, classifies large transactions as those that exceed $100,000. It gives the volume of large transactions on the Polygon network as $64.44 million, an increase of 742% in the last 24 hours.
Altcoins are suffering the biggest losses following the SEC's lawsuit against the biggest crypto exchanges, Binance and Coinbase. The entire cryptocurrency market is in the red, with declines of 5%-18% in most cryptocurrencies. It also alleged that the crypto assets that Coinbase makes available on its platform put its operations"squarely within the purview of the securities laws."Breaking: SEC Unleashes Legal Fury on Binance and CZ, BNB Plunges
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