Altcoins
Crypto Whale Spends $59M on Ethereum, Shiba Inu, PEPE and These Altcoins
Crypto whales have been very busy during this downtrend that has plagued the cryptocurrency market. They have used this drop as an opportunity to accumulate Ethereum (ETH), Shiba Inu (SHIB), and Pepe (PEPE). ETF Swap (ETF) is another altcoin they have purchased, with the crypto token currently selling at a discounted price of $0.0183.
Crypto Whale Buys $59 Million Worth of Cryptocurrency
Data from on-chain analytics platform Arkham Intelligence shows that a crypto whale (0x4fdFE….4271E) has purchased and withdrawn $59 million in cryptocurrency from Binance. The whale purchased 9,425 Ethereum ($30.92 million), 957.7 billion PEPE ($9.82 million), and 583.7 billion Shiba Inu ($9.63 million).
Other tokens purchased by the whale include 438,700 RNDR ($3.13 million), 5.187 million MATIC ($2.81 million), 104,100 LINK ($1.47 million), 39,100 AVAX ($1.08 million), and 2.762 million GRT ($0.55 million). Ethereum, PEPE, and Shiba Inu made up the majority of this whale’s purchases.
The purchase of Ethereum (ETH), Shiba Inu Dog (SHIB), Pepper (PEPPER)and other altcoins are considered a “buy-the-dip” investment. This investor likely expects Ethereum (ETH), Shiba Inu (SHIB), and Pepe (PEPE) to be among the cryptocurrency tokens that will enjoy a massive rebound once the cryptocurrency market recovers. Additionally, Shiba Inu and PEPE are Ethereum-based tokens, which means they are poised to enjoy significant price increases once Spot Ethereum ETFs start trading.
Crypto Whales Are Also Accumulating ETFSwap (ETFS)
Cryptocurrency whales are piling in too ETF Swap (ETF)another Ethereum-based token. ETFS has a bullish outlook, especially with the upcoming launch of Spot Ethereum ETFs and the ETFSwap beta platform. ETFSwap is a decentralized investment platform that tokenizes exchange-traded funds (ETFs) such as Spot Ethereum ETFs and other crypto ETFs.
ETF Swap (ETF) is redefining ETF trading by integrating these traditional assets with blockchain technology. This enables permissionless ETF trading, as investors can now invest in ETFs without the need for authorization. The trading platform has also made its Know-Your-Customer (KYC) requirements waived, meaning users can start investing immediately.
The decentralized finance (DeFi) platform has also introduced anonymous ETF trading, as users can trade these traditional assets anonymously. This is made possible by Zero-Knowledge Proof (ZK) Technologywhich allows users to trade without revealing their identity or other sensitive information.
Users can also take advantage of leveraged trading, with ETF Swap (ETF) offering up to 50x leverage on every ETF trade. The platform also offers futures trading, allowing users to buy or sell these traditional assets at a scheduled date and at a particular price. Additionally, ETFSwap offers perpetual trading services so users can bet on the future price of an asset without an expiration date.
ETF Swap (ETF) offers other investment opportunities besides ETFs. Users can trade their ETFS investments on the platform for various commodities and cryptocurrencies. They can also stake their crypto assets and earn high returns on the DeFi platform. Notably, investors enjoy an annualized yield (APY) of up to 80% on their staked ETFS tokens.
ETFSwap also plans to launch its own ETF in 2025, allowing users to maximize their gains at the anticipated peak of the bull run. There are exciting times ahead for ETFSwap (ETFS), so buy the ETFS token at its current price of $0.0183 It’s a bargain! The crypto token’s value will continue to skyrocket as the trading platform unveils further bullish developments for its ecosystem.
Conclusion on the last chance to buy ETFSwap (ETFS) during the market decline
This recent downtrend in the market is believed to be the last shock before a continuation of the bull run. This is the last chance to buy ETFSwap (ETFS) as they sell off at these lows. ETFs are expected to be one of the best-performing assets as the bull run heats up, outperforming stocks like Ethereum (ETH), Shiba Inu (SHIB), and Pepe (PEPE).
For more information on the ETFS cryptocurrency presale:
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