Wednesday, October 23, 2024
HomeFinanceCrypto Whales Sell Off Bitcoin And Ethereum (ETH) Holdings, Goes All-In On...

Crypto Whales Sell Off Bitcoin And Ethereum (ETH) Holdings, Goes All-In On ETFSwap (ETFS)

The current state of the market has left countless crypto whales anxious as they sell off holdings. Some of these whales are from the Bitcoin (BTC) and Ethereum (ETH) blockchains. These investors seek to protect their assets in less volatile coins while earning substantial ROIs. One of the cryptos these crypto whales are incredibly bullish about is ETFSwap (ETFS). This futuristic cryptocurrency offers portfolio diversification with its unique ETF ecosystem. 

Crypto Whales Migrate To ETFSwap (ETFS) As Presale Promises To Triple Profits

The ETFSwap (ETFS) presale is the hottest event in the metaverse currently as more investors flock into its ecosystem. This marvelous project rocked the industry when it announced its unique ETF utility. With ETFSwap (ETFS), investors are open to fractionalised investment within the exchange-traded fund community. 

This cryptocurrency grants investors access to tokenized funds like Commodity and Futures ETFs. Every ETF offered by the ETFSwap (ETFS) utility is funded by actual commodities in the traditional financial market. Therefore, ETFSwap (ETFS) successfully bridges the gap between the financial markets of both worlds.

Due to its affiliations with the real world, investors can enjoy stability as the chances of excess volatility in this ecosystem are slim. Also, ETFSwap (ETFS) offers exciting incentives to members of its community. For those who participate in staking these tokenized ETFs, the project will reward them with high yields. 

In addition, they will be awarded rights to implement changes and make decisions concerning the platform. Additionally, ETFSwap (ETFS) was declared by SolidProof as a scam-free cryptocurrency following the KYC audit its team underwent. 

The presale of the ETFS token has promised to triple investors’ funds before the event is over. This token is available on the website at the affordable rate of $0.01831, with experts saying investors who buy this token now will boast 100% profits in mere weeks. 

Bitcoin (BTC) Loses Traction As Crypto Whales Fail To See A Silver Lining 

On July 5th, Bitcoin (BTC) hit a roadblock when its price fell to a month low of $54,000. This trading value became Bitcoin’s (BTC) lowest point in months, leaving individuals in its ecosystem rattled. Many questioned this cryptocurrency’s ability to recover from this shocking dip. 

Bitcoin (BTC) slightly recovered to $58,000 but failed to hit $60,000. July 15th left a few investors excited with the surprising pump of Bitcoin (BTC) to $58,000. According to experts, this crypto has spent the last week trying to break past the $59,000 resistance level. 

Recently, the US announced its Consumer Price Index (CPI) numbers, which were followed by an uptick for Bitcoin (BTC). After its upshoot to $59,500, Bitcoin (BTC) deflated rapidly by over $2,000. This event quickly sapped investors’ short-lived joy, with many selling off millions of holdings.

Crypto Whales Sell Off Bitcoin And Ethereum (ETH) Holdings, Goes All-In On ETFSwap (ETFS)

Ethereum (ETH) Left In The Dust As Its Performance Leaves Crypto Whales Unimpressed

The Ethereum (ETH) blockchain has witnessed its highest withdrawals for the first time since August 2022. Analysts cited that countless crypto whales have sold off over $120 million of Ethereum (ETH) in the last three weeks. Records have shown unidentified wallets making a net withdrawal of about $60 million weekly. 

This increase in selling pressure indicates that investors’ sentiments toward Ethereum (ETH) have changed from bullish to bearish. As Ethereum (ETH) prepares to launch its ETFs soon, analysts previously predicted an upswing in the token’s buying pressure. Its recent performance contradicts this as more crypto whales fuel their funds to better buys like ETFSwap (ETFS). 

Final Verdict On Whales Boycotting Bitcoin (BTC) And Ethereum (ETH) For ETFSwap (ETFS)

In today’s market, ETFSwap (ETFS) is the best cryptocurrency for wealth generation. Multiple investors across the industry have found solace in its utility, especially its presale. Experts predict a sold-out climax for this token as it gains more traction, saying now is the best time to buy it.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community


Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.

RELATED ARTICLES

Latest News & Articles