A major ETH ICO participant sold $113 million worth of Ethereum (ETH), apparently to buy the DeFi token. ETFSwap (ETFS)as news of its upcoming beta release in Q4 2024 hits the crypto market. This strategic move is sparking FOMO among savvy investors and retail crypto enthusiasts, who are flocking to the ETFSwap (ETFS) token presale as the price of Ethereum falters.
Many are siding with analysts who predict ETFSwap’s solid utility could make its DeFi token, ETFS, a 600x investment, and positioning themselves amid Ethereum’s price volatility into possibly the next big crypto investment .
How One ETH ICO Participant’s Mass Selling Shakes Ethereum Price
A major participant in the ETH ICO 2014 went on a massive sell-off, causing the price of Ethereum to fluctuate as he unloaded 45,000 ETH worth $113.2 million. According to LookonchainThe whale’s latest transaction, a 5,000 ETH dump worth $12.22 million, continues a selling spree that has contributed to Ethereum’s price volatility, falling from $2,516 to around $2,382 at the time of writing.
This ETH ICO participant, who initially paid just $0.31 per ETH, made an astronomical gain of 811,513% on his investment. However, instead of cashing out entirely, sources close to the whale reveal that a significant portion of the proceeds are funneled into the DeFi token ETFSwap (ETFS).
DeFi Token ETFSwap (ETFS) Attracts Savvy Investors as Top ETH ICO Participant Sells Million Dollar Holdings
ETFSwap (ETFS) is a decentralized platform and potential 600x DeFi token that is gaining viral attention after the strategic investment made by ETH ICO participant.
As the price of Ethereum fluctuates due to these sell-offs, ETFSwap’s upcoming beta is generating intense interest, pushing institutional and retail investors toward the platform’s ongoing pre-sale of DeFi tokens.
ETFSwap (ETFS) only tokenizes cryptocurrency ETFs and partners with MiCA-compliant investment banks so investors can easily trade publicly traded crypto-ETFs while profiting from real-world securities. Additionally, users can also trade their crypto of choice for a wide range of tokenized ETFS on the platform, being the only provider of individual prospectus-based ERC ETF tokens.
ETFSwap customizable trading strategies helping traders maximize their potential profits while meeting various risk appetites. For example, high risk, high reward traders can increase their positions up to 10x on all trades and 50x on futures optionswith the ability to quickly adjust their positions based on changing market conditions.
Maximize profits on ETFSwap (ETFS) is further facilitated by the platform Advanced AI-powered ETF filtering and trackingwhich analyzes past and present market trends to provide investors with reliable recommendations on high-potential ETFs.
This functionality, combined with that of ETFSwap 24/7 market coverageensures users can access the real-time data and insights needed to make informed decisions, regardless of market conditions or time zones.
Additionally, the planned launch of Solana and Ripple ETFs, as well as the proposed launch of ETFSwap in 2025, are expected to lead to increased demand for tokenized crypto-ETFs, leading analysts to predict 600x potential for ETFS.
These earning potentials have created a buzz around ETFSwap (ETFS), leading to its remarkable presale performance as investors and whales rush to secure their positions at the affordable presale rate of $0.03846. The platform’s buzz reached an all-time high when the team announced its upcoming beta, which reportedly influenced ETH ICO participant’s massive ETH selloff and Ethereum price volatility.
During the first phase, early investors in the DeFi token can access Real-time ETF pricestrade popular ETFs, earn a share of their trading fees as rewards from various liquidity poolsAnd stake their ETFS tokens for an APR return of up to 87%.
Investors can also expect a next-level user experience thanks to testnet’s robust and proven backend and continuously improved user interface of the beta platform, ensuring updated and flawless functionality.
To address potential security concerns, ETFSwap smart contracts have been successfully tested checked by Cyberscope, and the team underwent KYC verification by Solidproof, cementing the platform’s rock-solid security infrastructure.
Final call for ETFSwap (ETFS) presale
Amid Ethereum price fluctuations, purchasing ETFSwap’s presale token, at $0.03846is the smartest path to million-dollar profits in the next bull market. With the upcoming beta and massive investment from the whale, ETFS tokens are selling out quickly and only early birds will benefit from their potential. 600x gains. Therefore, this could be your last opportunity to join the ETFSwap presale.
For more information on the ETFS presale:
Visit the ETFSwap Presale
Join the ETFSwap community
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