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Ethereum Price Wobbles As ETH ICO Participant Sells $113 Million To Buy This DeFi Token

Ethereum Price Wobbles As ETH ICO Participant Sells $113 Million To Buy This DeFi Token

A major ETH ICO participant has sold a massive $113 million worth of Ethereum (ETH), reportedly 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 driving FOMO among savvy investors and retail crypto enthusiasts, who are flocking to the ETFSwap (ETFS) token presale as Ethereum price wobbles. 

Many are siding with analysts who predicted ETFSwap’s solid utility could make its DeFi token, ETFS a 600x investment, and positioning themselves amid Ethereum price volatility in possibly the next big crypto investment.

How An ETH ICO Participant’s Massive SellOff Shakes Ethereum Price

A major 2014 ETH ICO participant has made a massive selloff, causing the Ethereum price to fluctuate as he offloaded 45,000 ETH worth $113.2 million. According to Lookonchain, the whale’s latest transaction, a 5,000 ETH dump worth $12.22 million, continues a selling spree that has contributed to Ethereum price volatility, dropping from $2,516 to around $2,382 at the time of writing.

This ETH ICO participant, who initially paid just $0.31 per ETH, has realized an astronomical 811,513% gain on their investment. However, instead of fully cashing out, sources close to the whale reveal that a significant portion of the proceeds is being funneled into DeFi token ETFSwap (ETFS).

DeFi Token ETFSwap (ETFS) Attracts Savvy Investors As Major ETH ICO Participant Sells Million Dollar Holdings

ETFSwap (ETFS) is a decentralized platform and potential 600x DeFi token gaining viral attention after the strategic investment made by the ETH ICO participant. 

As Ethereum price fluctuates due to these selloffs, ETFSwap’s upcoming beta release is sparking intense interest, driving both institutional and retail investors toward the platform’s ongoing DeFi token presale.

ETFSwap (ETFS) uniquely tokenizes cryptocurrency ETFs and partners with MiCA-compliant investment banks so investors can easily trade publicly listed crypto-ETFs while enjoying real-world securities. In addition users can also swap their desired crypto for a wide range of tokenized ETFS on the platform, being the only provider of ETF ERC tokens based on individual prospectuses.

ETFSwap’s customizable trading strategies help traders maximize their potential profits while catering to various risk appetites. For instance, high-risk, high-reward traders can boost their positions by up to 10x on all trades and 50x on futures options, with the ability to swiftly adjust their positions as market conditions change.

Maximizing profits on ETFSwap (ETFS) is further facilitated by the platform’s advanced AI-powered ETF Screener and Tracker, which analyzes past and present market trends to provide investors with dependable recommendations on high-potential ETFs.

This feature, combined with ETFSwap’s 24/7 market coverage, guarantees that users can access real-time data and insights needed to make informed decisions regardless of market conditions or time zones.

Furthermore, the anticipated launch of Solana and Ripple ETFs, along with ETFSwap’s proposed ETF launch in 2025, is expected to drive increased demand for tokenized crypto-ETFs, leading analysts to predict a potential 600x move for ETFS.

These earning potentials have created a buzz around ETFSwap (ETFS), leading to its remarkable presale performance so far as investors and whales rush to secure their positions at the affordable $0.03846 presale rate. The platform’s buzz reached an all-time high as the team announced its upcoming beta release, reportedly influencing the ETH ICO participant’s massive ETH sell-off and Ethereum price volatility.

During the first phase, the DeFi token’s early investors can access real-time ETF prices, trade popular ETFs, earn a share of their trading fees as rewards from various liquidity pools, and stake their ETFS tokens for up to 87% APR yield

Investors can also expect a next-level user experience with the beta platform’s robust, testnet-proven backend and continuously improved UI, guaranteeing updated and flawless functionalities.

To address potential security concerns, ETFSwap’s smart contracts have been successfully audited by Cyberscope, and the team has undergone KYC verification by Solidproof, cementing the platform’s rock-solid security infrastructure.

Last Call To The ETFSwap (ETFS) Presale

Amid Ethereum price swings, buying ETFSwap’s presale token, at $0.03846, is the smartest pathway to million-dollar profits when the next bull market hits. With the upcoming beta release and the whale’s massive investment, the ETFS tokens are rapidly selling out and only the early birds will reap its potential 600x gains. Hence, this might be your last opportunity to join the ETFSwap presale.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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