As we approach the next bull market, savvy investors are beginning to position for massive yield by investing in assets that have the potential to perform well and boost their portfolios. This is true of an Ethereum (ETH) trader who recently purchased Ethereum (ETH) and an ETF token ETFSwap (ETFS) in its ongoing presale. Let’s see why he chose to invest in ETFSwap (ETFS) and Ethereum (ETH) among the flurry of assets in the crypto market.
ETFSwap (ETFS) Attracts Whale Traders In Its Ongoing Presale
ETFSwap (ETFS), an innovative crypto ETF trading platform that introduces the trading of tokenized ETFs, has seen an influx of whale traders in its ongoing presale event. In this presale, ETFSwap (ETFS) is offering its native token to all in the crypto community at a low price of $0.03846, and among the whale traders who are hurrying to buy the token is an Ethereum (ETH) trader with a 100% win rate in trading ETH.
One factor influencing the trader’s decision is that the tokenized ETFs on ETFSwap (ETFS) will be available for trading on a Web3 marketplace on the blockchain. This will allow traders to benefit from real-time blockchain data to know when to enter or exit a trade. Further, the tokenized ETFs on ETFSwap (ETFS) will be convertible to other cryptocurrencies, and users can also purchase them using cryptocurrencies.
ETFSwap (ETFS) will also feature advanced AI-powered trading tools, which will assist traders in making well-informed decisions when trading. The platform will also allow traders to extend their profit positions by over 50x when trading tokenized ETFs in its derivative trading arm. As a decentralized platform, ETFSwap (ETFS) will allow new users to sign up without filling out Know Your Customer (KYC) forms, enabling them to start trading in minutes. Since KYC often requires users to divulge sensitive information, ETFSwap (ETFS) thus protects its users from releasing personal information that hackers can exploit online.
Meanwhile, for users to benefit from all these features, including trading tokenized ETFs, they need to hold a portion of the platform’s native token, ETFS. However, holding the token gives users more perks like governance, enabling them to influence the network’s decision-making. Also, they can stake ETFS for profit, potentially realizing over 87% APR on the platform staking pool. Further, token holders will gain early access to all new ETF listings on the network and receive bonuses.
Ethereum Trader Bullish On ETH
Recently, data from Lookonchain, a blockchain analytics firm, indicates that an experienced Ethereum (ETH) trader with a 100% win rate in swing trading Ethereum (ETH) has bought 10,083 ETH tokens worth $26.8 million. Lookonchain revealed this information in the early hours of September 30, 2024, on its X (formerly Twitter) page. According to the analytics platform, the Ethereum (ETH) trader has been on a winning streak since August 12, 2024, trading ETH at a profit ten times and realizing a total profit of $2.14 million.
Ethereum (ETH) recently touched the $2,700 mark after the market began steadily recovering, with the US Federal Reserve implementing a 0.5% rate cut. However, Ethereum (ETH) and other top assets in the crypto market failed to sustain the momentum and briefly declined in value. According to data from the asset tracking platform CoinGecko, Ethereum (ETH) has slid below the $2,700 level and is exchanging hands at $2,636. Further, this dip undoubtedly influenced the Ethereum (ETH) trader’s decision to diversify his investment into ETFSwap (ETFS).
Conclusion
While the Ethereum (ETH) trader is bullish on both ETFSwap (ETFS) and ETH, the slight dip in Ethereum (ETH) price recently has moved him to channel more resources into ETFSwap (ETFS).
ETFSwap (ETFS) is on the verge of unveiling phase 1 of its beta platform, allowing all users to test its services. So now is the best time to buy ETFS to secure your chances of being among the first individuals to tap into the ETFSwap (ETFS) ecosystem fully.
For more information about the ETFS Presale:
