Bitcoin sharks and whales go on $10 billion spree, here’s what they are buying

Bitcoin sharks and whales are on a $10 billion buying spree, and crypto enthusiasts are intrigued by their investment choices. Interestingly, the recent activity of Bitcoin (BTC) whales has pointed to massive buys on the ETFSwap (ETFS) presale. With investors capitalizing on the bullish momentum of ETFSwap, experts have noted the new project for a massive price surge ahead of the bull market.

Crypto enthusiasts join Bitcoin (BTC) whales on ETFSwap (ETFS) presale

Crypto whale activity is often a sign of promising prospects in the crypto landscape, and it couldn’t be any more accurate for ETFSwap. Recent market trends have favored tokenized and real-world assets (RWA) as the big wave for the next bull run, and crypto investors are placing their bets for the best market prospects in that category.

ETFSwap is a new real-world assets platform that delivers ETFs on the Blockchain. Launching on the Ethereum Blockchain, ETFSwap (ETFS) is poised to lead early investors into massive profits with its offering of tokenized ETFs. This new platform opens up a frontier for crypto investors to explore the market for ETFs.

Trading tokenized ETFs on ETFSwap will offer benefits such as 24/7 trading, quick settlements, easy ETF-to-crypto swaps, lending and staking opportunities, lower trading costs, access to liquidity, and unique smart-contract-enabled features. Notably, ETFSwap’s smart contract has been fully audited by CyberScope and has been vetted safe and devoid of vulnerabilities.

ETFSwap (ETFS) combines the best of centralized and decentralized markets but operates majorly as a DeFi platform without requiring users to provide KYC information. The platform leverages the Blockchain to provide secure, transparent, and efficient trading services, which is a huge luxury when trading ETF assets.

This new market for real-world assets has drawn the interest of giant firms like BlackRock, Franklin Templeton, Grayscale, and multiple other firms with trillions worth of assets. With the potential for this market to rise to about $10 trillion in market value, ETFSwap is prime for a giant share of the promising market.

Market data shows increasing whale activity on Bitcoin (BTC)

Data from Santiment has revealed a growing number of Bitcoin wallets holding more than 10 BTC. This shows that Bitcoin (BTC) whales have been actively accumulating BTC amid market dips, capitalizing on the opportunity to buy in at lower prices. These whales either sell for profit when the market rebounds or just hold in anticipation of increased adoption.

The data reports that Bitcoin wallets holding at least 10 BTC have risen, and at the same time, the wallets have bought 154,560 BTC in the past five months. Extensive analysis by Santiment shows the progression of whale accumulation on Bitcoin (BTC) since 2019, which continued to push the price of the crypto asset upwards.

Furthermore, the analysis suggests that Bitcoin historically hits a bullish one when the number of Bitcoin wallets with over 10 BTC increases. Amid the overall bullish sentiment on Bitcoin, experts believe that the cryptocurrency is poised for higher price ranges, and we could see new highs soon.

However, some of the profits on Bitcoin (BTC) over the past year are rotating to ETFSwap (ETFS) as whales take early positions on the presale. Market trends further show that Bitcoin whales are on a big buying spre, hoping to find the next big gem, and now ETFSwap stands out as a solid pick.

Market data shows increasing whale activity on Bitcoin

Conclusion

The stars seem to align for ETFSwap (ETFS) amid the generally bullish sentiment on ETFs and the general growth of the real-world assets market. Also, the presale is recording massive whale activity, and the Stage 1 presale raised over $1.1 million in only two weeks, selling over 180 million ETFS tokens.

The next presale stage has begun at $0.01831, which is an affordable and good entry point. Get in now for last-minute entry on the ongoing Stage 2 presale.

For more information about the ETFS presale:-

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

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