MATIC Holders Suffer Massive Losses, Here’s How Many Wallets Are In The Red

MATIC’s price looks to be holding up quite well in the market given current circumstances, but given how much the crypto’s price has fallen from its 2021 all-time high price, the vast majority of its holders are still nursing losses from their investments. 80% Of MATIC Investors Suffer Losses Data from the on-chain analysis platform IntoTheBlock shows that 80% of MATIC investors are seeing losses at current prices. These analyses take into account the price at which the tokens were moved into a wallet and compare that against the price of the digital asset currently to give these figures. Related Reading: Bottom Signal: Bitcoin MVRV Ratio Falls To Three-Year Lows The summary for MATIC puts only 15% of investors currently in profit with 5% at neutral territory, meaning they purchased their tokens at the same prices as the current value of the coin. It also puts into perspective just how much investors have lost. MATIC’s price is down more than 72% from its all-time high price of $2.91, according to data from Messari, but is doing quite well on a year ..

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