- Over the last month, there has been a pattern of MATIC whales accumulating more tokens even as the coin's value drops consistently.
- Despite this accumulation, there has been no positive impact on the token's price as it has seen a decrease of 21% in value in April.
- Various momentum indicators highlight that the altcoin is in an oversold position, with strong downward pressure on its price.
Exploring the continued decline in MATIC price despite whale accumulation and analyzing its implications for the future trajectory of the token.
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