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Bitcoin Whales and Sharks Are Buying the Dip, As ETFSwap (ETFS) Presale Sells 500 Million Tokens

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2024-09-09 21:02:14782browse

Bitcoin whales and sharks are buying the dip, while smaller traders continue to be impatient and are willing to offload their Bitcoin (BTC) to these whales and sharks

Bitcoin Whales and Sharks Are Buying the Dip, As ETFSwap (ETFS) Presale Sells 500 Million Tokens

Bitcoin (BTC) has continued to trade in a tight range below $60,000, with onchain data showing that Bitcoin whales and sharks have been buying the dip. At the same time, smaller traders appear to be selling their BTC holdings.

In the past month, these Bitcoin investors, crypto wallets holding between 10 and 10,000 BTC, have collectively added 133,300 BTC to their holdings, onchain analytics platform Santiment revealed in an X (formerly Twitter) post.

The onchain analytics platform noted that these Bitcoin investors are showing no signs of being deterred by BTC’s price action. At the same time, smaller traders continue to be impatient and are willing to offload their Bitcoin (BTC) tokens to these whales and sharks.

This wave of accumulation by these crypto wallets could be a profitable move as Bitcoin (BTC) is still expected to rise higher in this bull run.

Over 500 Million ETFSwap (ETFS) Tokens Sold in Ongoing Presale

Investors are looking to benefit from the Ethereum (ETH) token’s projected price rally of 50,000% as over 500 million ETFS tokens have been sold in its ongoing presale.

Interestingly, small traders who have offloaded their Bitcoin (BTC) tokens are also buying the ETFS token as they see an opportunity to enjoy greater returns through the Ethereum token.

According to analysts, such heights are achievable for ETFSwap (ETFS) seeing the efforts the team has put in place and the outstanding utility that the ETFSwap ecosystem provides.

The team, certified by SolidProof, has worked with MiCa-compliant regulated investment banks to ensure they have the necessary permits to offer securities and crypto trading.

In fact, ETFSwap (ETFS) is set to become the first decentralized finance (DeFi) platform to offer both securities and crypto trading in one place. On the trading platform, investors will be able to invest in, and trade tokenized exchange-traded funds (ETFs) while also gaining exposure to their favorite crypto assets.

Using its native ETFSwap (ETFS) token, the trading platform is changing the narrative. Investors can simply swap the Ethereum token for ETFs or other crypto tokens.

The Ethereum token also acts as a bridge between the traditional finance (TradFi) and DeFi worlds, as investors will be able to swap their ETFs for crypto tokens and vice versa.

Furthermore, the Ethereum token provides access to the other exciting offerings in the ETFSwap ecosystem. For instance, traders can obtain perpetual contracts for these ETFs and use up to 50x leverage on these assets, allowing them to further maximize their gains. They can also stake their ETFs and earn mouth-watering yields.

There are several other ways in which investors can make extra gains on the ETFSwap platform. Investors can also stake the ETFS token and enjoy up to 85% annual percentage yield (APY) on the Ethereum token. Token holders who provide liquidity can earn up to 30% of the fees from token swaps. It is also worth mentioning that holders of the Ethereum token get first dibs on specific investment opportunities, including ETFSwap’s ETF, which is set to launch in 2025.

With such exciting offerings and a well-experienced team, ETFSwap (ETFS) is set to take off to the moon. The DeFi platform will become the leading platform for trading these traditional assets, leading to increased demand for the ETFS token. This massive demand is what analysts say will spark the Ethereum token’s 50,000% price gain.

Conclusion

With ETFSwap (ETFS) set to enjoy a 50,000% price gain, early investors who bought the Ethereum token at its current price of $0.03846 will enjoy a 500x return on their investment. As such, ETFSwap (ETFS) offers better risk-reward than a token like Bitcoin (BTC), which has less room to run.

For more information about the ETFS Crypto Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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