Only 8.2% of Polygon addresses can currently sell their MATIC at a profit. Will the bearish trend continue?
88% of MATIC Holders ‘Out of the Money’
A significant majority of Polygon addresses are currently in a loss position, with approximately 88% of them facing potential losses if they were to sell their MATIC tokens at the current market price.
Conversely, only about 8.22% of addresses would generate a profit, while approximately 3.58% would break even.
Read More: Best Upcoming Airdrops in 2023
The Total Number of Polygon Addresses Is Still on an Upward Trend
The total number of Polygon addresses continues to rise, indicating ongoing growth, although the rate of increase is showing signs of leveling off.
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Author: Ryan James
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