Crypto Whales Invest $65 Million in Polygon (POL) Amid 12% Price Surge
From beincrypto by Victor Olanrewaju
In Brief
- On-chain data shows that crypto whales have accumulated POL tokens worth $65 million over the last seven days.
- The number of Polygon bulls have outpaced the number of bears, reinforcing the bullish sentiment around the token.
- POL has formed an inverse head and shoulders on the 4-hour chart, suggesting that the price could rally above $0.60.
- PROMOLeveraged trading without KYC guaranteed welcome reward up to $2888 Join BYDFi

Polygon whales have accumulated an additional $65 million worth of tokens in the past seven days, coinciding with a 12% price increase for the POL token over the last 30 days. This surge has reignited optimism that the altcoin, formerly known as MATIC , might recover some of its recent losses.
However, some investors remain cautious, speculating that the current buying pressure might not suffice to sustain the momentum. Here’s an in-depth analysis of the situation.
On November 11, addresses holding between 10 million and 100 million POL tokens in their wallet collectively owned 695.38 million tokens. Today, that figure has surged to 852.14 million, showing that Polygon whales have accumulated over 113 million tokens in the past seven days.
At the current price of the altcoin, this accumulation is valued at approximately $65 million. Typically, when crypto whales buy, it is a sign that a cryptocurrency’s value could climb. This also encourages retail investors to accumulate, putting more upward pressure on the price.
Conversely, when crypto whales sell, it often signifies bearish sentiment , suggesting that the token’s value may struggle to gain momentum. For the POL token, however, the recent whale accumulation is a bullish indicator. If this trend continues, the token’s price could climb above $0.42 in the near term.

Polygon Whales Balance. Source: Santiment
Additionally, the increase in whale accumulation aligns with growing bullish dominance, as highlighted by IntoTheBlock’s Bulls and Bears indicator. This metric tracks the activity of investors who bought (bulls) at least 1% of the total trading volume versus those who sold (bears) a similar amount.
When bears outnumber bulls, it often signals potential price declines. However, for the Polygon ecosystem token, the bulls currently outpace the bears, indicating a stronger likelihood of a short-term price increase for the altcoin.

Polygon Bulls and Bears Indicator. Source: IntoTheBlock
POL Price Prediction: Pattern Turns Bullish
A look at the 4-hour timeframe shows that the POL/USD chart has formed an inverse head-and-shoulders pattern. An inverse head-and-shoulders pattern is a technical pattern that indicates a potential reversal from a downtrend to an uptrend.
The first trough marks the initial phase of the downtrend. The deepest trough is lower than both the left and right shoulders, while the third and final trough mirrors the left shoulder in-depth but is higher than the head.
Considering this current outlook, POL’s price could rise to $0.45 in the short term. If Polygon whales continues to buy in large volumes, this altcoin’s price might climb toward $0.60.

Polygon 4-Hour Analysis. Source: TradingView
However, if these crypto whales decide to sell some of their holdings, this prediction might be invalidated. In that case, the Polygon token price could decline to $0.38.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI's Dual Impact on Employment: Strategic Sector Rotation for a Resilient Portfolio
- AI reshapes global labor markets by 2025, displacing clerical roles while creating demand in robotics, AI training, and digital infrastructure. - Bank tellers (-15%), cashiers (-11%), and telemarketers face automation risks, disproportionately affecting lower-wage workers and younger demographics. - Investors prioritize AI infrastructure (NVIDIA, Microsoft), healthcare (nurse practitioners +52%), and AI ethics platforms to capitalize on growth opportunities. - Hedging strategies include defensive sectors

FIL +121.32% on 24-Hour Surge Amid Market Volatility
- FIL surged 121.32% in 24 hours to $2.328 but fell 748.51% in 7 days, highlighting extreme market volatility. - Analysts attribute the spike to algorithmic trading and speculative strategies, with technical indicators showing overbought conditions. - Historical patterns suggest rapid gains often precede steep corrections, raising concerns about FIL's long-term bearish trend.

Nvidia Earnings and Bitcoin: Assessing the Fading Correlation in a Shifting Market
- Nvidia and Bitcoin's historical correlation weakened from 0.80 to 0.36 in Q2 2025 as macroeconomic factors and regulatory risks overshadowed tech-sector momentum. - Bitcoin's post-earnings volatility spiked to 38% in Q2 2025, diverging from its typical pattern despite Nvidia's $46.7B revenue surge and AI growth forecasts. - Geopolitical risks (e.g., China export restrictions) and Bitcoin's unique drivers (halving, ETF approvals) now independently shape crypto markets. - Investors are advised to diversify

XRP's Strategic Price Reclamation: A Bullish Case Amid Regulatory Clarity and Ledger Upgrades
- XRP's 2025 strategy focuses on price reclamation above $2.94 amid regulatory clarity and technical upgrades. - SEC's Q3 2025 commodity reclassification unlocked $7.1B institutional flows and ETF approvals with 78-95% approval probability. - Ripple's XRPL upgrades attracted JPMorgan, Santander, and BNY Mellon for cross-border payments and RWA tokenization. - Whale accumulation and macro tailwinds suggest potential $5-$7 surge by mid-2026 if $2.94 support holds.

Trending news
MoreCrypto prices
More








