93% POL Holders in Losses: Run or Rally? 🤔

93% POL Holders Face Losses! Time to Panic or Profit?
93% POL Holders in Losses: Run or Rally? <img draggable="false" role="img" class="emoji" alt="🤔" src="https://s.w.org/images/core/emoji/15.1.0/svg/1f914.svg">

Whale Dumps 5.64M POL: Will Buyers Step Up?
Fading Retail Interest Suggests POL Struggles

Polygon [POL] takes a nosedive as a whale offloads tokens, leaving investors unsure if support will hold or break further. Whale sells 5.64M POL worth $2.28M to Coinbase, a $1.32M loss after accumulation for $3.6M over two months.

Will Support Hold or Break for POL?

POL price at $0.411 shows a 3.13% increase in 24 hours but breaks below critical demand zone at $0.45, signaling bearish pressure. Descending wedge pattern/bearish momentum unless buyers reclaim higher levels.

Are POL Holders Facing More Losses?

On-chain data reveals 93.51% of POL holders remain out of the money. Only 4.58% in profit, indicating weak investor confidence. Bulls must break resistance at $0.43 – $0.45 to shift momentum but failure could lead to more selling pressure.

Is Network Activity Declining for Polygon?

New and active addresses fall 58.67%/44.34% over the past week, suggesting weakening user engagement. Reduced demand for POL could make recovery harder, and non-rebounding activity could hinder upward momentum.

Large Investors Still Buying POL?

Polygon transactions between $100K and $1M surge 620% while transactions under $100 drop, showing fading retail interest. Retail traders key in sustaining rallies, and absence could delay recovery, without strong retail participation, POL may continue facing downward pressure.

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2025-01-29 05:13

93% POL Holders in Losses: Run or Rally?

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Will Support Hold or Break for POL?

Are POL Holders Facing More Losses?

Is Network Activity Declining for Polygon?

Large Investors Still Buying POL?

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