Activity By Day
The first two transactions were for 1.06 ETH each on February 7th. The two purchases (1, 2) were done 2 hours apart from each other, with the last being around 1:58PM (UTC). These two Mollars token presale buys were for around $2,634 each.

The third transaction was for 2.5 ETH. It was also on Wednesday, nearly 3 hours after the second buy or around 4:52PM (UTC). This transaction secured the investor $6,214.03 worth of Mollars tokens.
In late December, there were more crypto shrimps feasting than larger investors from the crypto hierarchy. That trend has changed now however as the ‘top 5 single transaction buyers list’ from Mollars token presale keeps getting updated with bigger buys.

And while some 1-time purchases have been as big as $16,000, there’s now DCA-investors who are making multiple purchases, totalling close to the ‘top buyers.’ The closest to it is a crypto whale who appears to be ‘dollar cost averaging,’ just bought $13,010 worth of the store-of-value token currently in ICO stage.

The purchase was done with Ethereum (ETH) tokens according to the Initial Coin Offering’s presale wallet address. The massive sum was done over 5 transactions from a single wallet address (view here): LIkely a burner wallet, as many smart crypto investors do, the $13,010 play suggests this investor has heavy digital pockets.
The five transactions were completed over a span of nearly 2 days. A discreet move, it’s obvious that the crypto whale has insights that have spawned supreme faith in the Mollars, store-of-value token project.

Crypto Whale Activity By Day
The first two transactions were for 1.06 ETH each on February 7th. The two purchases (1, 2) were done 2 hours apart from each other, with the last being around 1:58PM (UTC). These two Mollars token presale buys were for around $2,634 each.

The third transaction was for 2.5 ETH. It was also on Wednesday, nearly 3 hours after the second buy or around 4:52PM (UTC). This transaction secured the investor $6,214.03 worth of Mollars tokens.
The fourth transaction by this crypto whale was for a smaller amount, 0.45 Ethereum (ETH). Though it may appear meager, being only a fraction of an Ethereum, the actual dollar amount is still in the thousand range. The 45 ETH purchase had a value of $1,119.17 (view txn).

The fifth and final transaction by this crypto whale was done yesterday at 10:37AM (UTC). It was for the amount of 0.163223 ETH or $406 (USD).

How many tokens were purchased?
The grand total of all five token presale purchases was $13,010 The healthy amount was enough for the crypto whale to acquire 26,020 Mollars tokens in this 4th round of the token presale.
To date, the ICO has amassed over half-a-million dollars in its fundraising campaign. The new SOV cryptocurrency will be based on the Ethereum-Blockchain. A swelling demand has generated over 1.4-Million token presales.

The Mollars presale will end in May 2024 or when it reaches the max hard cap of 4-million tokens sold. The latter is expected based on daily sales averages of January.

Top crypto platforms in the US | February 2024
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3 Million Polygon (MATIC) Transfer: Incoming Price Volatility?

In Brief
The market witnessed a significant transfer of 3 million MATIC to the Kraken from an address linked to Hermez Network.
Market analysts anticipate a potential market breakout for MATIC's price, citiing the asset recent price resilience and growth.
There is a notable increase in daily active addresses on Polygon's proof-of-stake chain, indicating continued growth.
A significant volume of Polygon’s MATIC tokens was recently moved from a wallet linked to Hermez Network to a cryptocurrency exchange.

Blockchain analytical firm SpotOnChain reported that an address associated with Polygon’s Hermez Network moved about 3 million MATIC tokens, equating to $2.85 million, the crypto exchange Kraken. The address still holds approximately 16.8 million MATIC tokens, valued at approximately $16.1 million.

Is a MATIC Sell-off on the Horizon?
Usually, transfers to exchanges often signal a bearish sentiment, indicating a potential intention to sell. For this reason, there are concerns about a looming sell-off despite the asset’s robust price performance.

Crypto analysts anticipate a significant correction in the MATIC’s value. Still, the bearish outlook could be followed by a bullish impulse.

“MATIC price is in a diagonal pattern, so it is also possible that the price is already in wave iv. Ideally, the price does not break below $0.8328 to keep the upside pressure alive,” a prominent trader said.
MATIC’s price has declined by 1.3% to $0.9218. This contrasts a weekly performance that saw it gain around 10% in the last seven days.
Last year, the Hermez Network, an open-source Zero Knowledge Rollup, merged with Polygon. This integration led to the rebranding of Hermez as Polygon Hermez. It is focused on decentralized zk-rollup technology, specifically aimed at enhancing the scalability of payments and token transfers atop the Ethereum blockchain.

Proof-of-Stake Addresses Hit ATH
Despite the growing signs of a sell-off, Polygon’s proof-of-stake chain reached a new all-time high of 845,350 daily active addresses on February 16, per on-chain data. This milestone arrived 16 months after the previous high of nearly 800,000 active addresses in October 2022.

It aligns with a consistent growth trend in unique Polygon addresses, with over 11 million addresses created since the beginning of the year, propelling the total count beyond 403 million.