Lookonchain has identified a crypto whale who transferred $1.8 million in USDC from Coinbase to purchase Dogwifhat (WIF) and ETFSwap (ETFS).
Crypto investors are paying attention after a crypto whale withdrew $1.8 million in USDC from Coinbase to buy Dogwifhat (WIF), ETFSwap (ETFS)a viral Ethereum (ETH) ICO token that continues to make waves in all corners of the cryptocurrency market.
Dogwifhat (WIF) Potentially Sees Rebound Due to Crypto Whales Buying
On-chain data from Lookonchain, a blockchain data analytics platform, has identified large purchases of Dogwifhat (WIF) by the wallet address of a cryptocurrency whale who has been steadily building a position in the Solana meme coin.
From X PostAmid growing speculation that a crypto whale was speculating in Dogwifhat (WIF) tokens, LookonChain identified the whale by withdrawing $1.8 million USDC to build a position in Dogwifhat (WIF) after the meme coin's price fell from near $3 to a low of $2.3.
According to data provided by an on-chain tracker, the crypto whale transferred $1.83 million worth of USDC from his Coinbase account, after which he used $606,000 worth of USDC to buy Dogwifhat (WIF), leaving $1.22 million worth of USDC behind.
As the market continues to surge, analysts are speculating that crypto whales may use their remaining $1.22 million in USDC to buy into the buzzy Ethereum ICO, ETFSwap (ETFS).
ETFSwap (ETFS), the hotly anticipated Ethereum ICO, raises millions of dollars
ETFSwap (ETFS) The platform is an innovative project that aims to bridge the gap between the traditional finance (TradFi) market and decentralized finance (DeFi) using Ethereum blockchain technology.
With the help of ETFSwap (ETFS) technology, users from all over the world can access tokenized exchange-traded funds and trade them with cryptocurrencies. Moreover, no KYC is required to access these assets, completely breaking down the barrier to entry and allowing investors, regardless of the size of their portfolio, to access the highly lucrative $10 trillion traditional ETF market on the blockchain.
Since the tokenized ETFs listed on the DeFi platform are backed by real-world assets, investors can be sure that these assets will always retain their value. With real-time data available, users can explore various opportunities such as spot and futures ETFs on the ETFSwap (ETFS) platform. Moreover, the platform offers up to 10x leverage and up to 10x FX swaps on all listed assets. 50x Leverage This applies to all listed ETFs and is the first of its kind to be available exclusively on ETFSwap (ETFS).
To ensure the safety of your assets, the platform and its smart contracts have been audited by Cyberscope, a leading blockchain security company, and the audit report shows that there are no infrastructure vulnerabilities that could lead to the loss of funds.
To access this innovative, best-in-class platform, users must hold ETFS, the native utility token of the ETFSwap ecosystem, as the keys to the kingdom. However, this is not the token's only utility. Token holders also have the opportunity to earn rewards from staking, providing liquidity, and even bonuses for being early buyers. This provides a unique opportunity to earn passive income without lifting a finger.
Due to its huge demand and popularity, the project was able to raise $750,000 within hours of a private presale from strategic institutional and angel investors. This feat was followed by the launch of a public presale, which has been met with an incredibly positive response from the cryptocurrency community.
Over 70 million ETFS tokens have already been sold in the first phase. Presale price $0.00854 per ETFS token. However, it is essential to hurry as Stage 1 will soon end and the Stage 2 presale will begin at a higher price of $0.01831.
Don’t miss out on the huge potential for a 30,000x+ ROI when ETFSwap (ETFS) soon gets listed on major exchanges like Binance and Bybit.
For more information about the ETFS presale, please see below.
Source: www.the-blockchain.com
