Join the success of DeFi’s presale and ride the surge in tether prices (USDT).
Lookonchain, an analytics platform, recently revealed a massive wave of whale activity which saw the creation of $3 billion in Tether (USDT). It is crucial to track this activity as whale crypto investors form the core of the Industry and can either influence a positive trend in the market or create a downward trend.
This is an encouraging development as the volume of this product is anticipated to be poured into ETFswap (ETFS) A novel trading platform is making waves within the cryptocurrency industry because of its massive ongoing presale.
Crypto Whales mint $3 billion Tether (USDT), as Q2 kicks off
Lookonchain On April 5, a report was published on the activities carried out by whales, who minted USDT worth $3 billion on the Ethereum (ETH), and Tron(TRX) networks. This was announced on the X page (formerly Twitter), which analyzed how tokens were distributed across different exchanges.
Over $2.55 billion USDT has been transferred to Binance, Kraken Bitfinex and Coinbase since April 1. Bitfinex received USDT worth $1.08 billion, Coinbase $93.8 millions, Kraken $824.1 Million, and Binance $614.6 USDT.
Many in the crypto-community on X were optimistic about the report from Lookonchain, believing that the market was getting ready to make a major push. Some, such as Muhammad Azhar a crypto-tech enthusiast, have used the medium of X to increase transparency. Azhar is of the opinion that, with so many Tethers (USDTs) flowing into central exchanges it’s important for all parties to be accountable and transparent.
Right now, however, there is a constant sea of red on the market as bulls and bears fight for dominance in the cryptocurrency market. It is not yet known if this huge crypto asset move will have a positive or negative impact on the market. Some in the cryptocurrency community believe that whales will be buying ETFswap, or the new big thing in crypto, which is ETFswap.
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ETFSwap (ETFS) attracts more investors with private sale success
The ETFswap platform ($ETFS), which combines Trad-fi and decentralized finance via tokenization, introduces a new way of interacting with Exchange-Traded Funds (ETFs). Tokenizing ETFs allows traders to diversify their portfolios by adding commodities, stocks and bonds. The platform also offers 10x leverage in trading, swapping and rewards for staking to generate passive income.
Additionally, ETFswap ($ETFS) features fractional ownership. This is a DeFi function which helps traders to increase their portfolios. The project’s native token is $ETFS. It is an ERC-20 standard token which will be used for governance. Holders can also vote on platform decisions. The token will be utilized as an utility in the entire project.
The ecosystem of ETFswap (ETFS) continues to draw investors. They are attracted by its potential and long-term growth. Three angel investors, two institutional investors and $750,000 were invested in the recently completed private sale of ETFswap’s native token.
Stage 1 presale began immediately after the end of private sales. Tokens were offered for $0.00854 each. The stage 2 price will be $0.01831, which is a significant increase for investors who bought at the private sale. Over 5 million tokens are currently sold. This shows that investors have FOMO.
Analysts predict that the price of the token could rise by 10,000%, bringing it to $1. Investors who invest in the project early on will be able to reap huge rewards, since they can increase the yield of their investment. They can also take advantage of smart contract functionality and innovative DeFi features on the ETFswap $ETFS ecosystem.
To learn more about the ETFS Presale, please visit:
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