Lookonchain has identified a crypto whale who transferred $1.8 million USDC from Coinbase to buy Dogwifhat (WIF) and ETFSwap (ETFS).
The attention of crypto investors has turned to Dogwifhat (WIF) after a crypto whale withdrew $1.8 million USDC from Coinbase to buy Dogwifhat (WIF) and ETFSwap (ETFS), a viral Ethereum (ETH) ICO token that has continued to make waves across the corners of the crypto market.
Dogwifhat (WIF) Could See A Potential Bounce Amid Crypto Whale Buy
On-chain data from Lookonchain, a blockchain data analytic platform, identified a large purchase of Dogwifhat (WIF) from a crypto whale wallet address that has been steadily building a position in the Solana meme coin.
From its X post, Lookonchain identified this whale following a $1.8 million USDC withdrawal to build its position on Dogwifhat (WIF) after the price of the meme coin suffered a price decline from a region of $3 to a low of $2.3 amid speculations of a crypto whale dumping its Dogwifhat (WIF) tokens.
According to the data presented by the on-chain tracker, the crypto whale transferred $1.83 million worth of USDC from its Coinbase account. Following this, the crypto whale used $606,000 USDC to buy Dogwifhat (WIF), leaving $1.22 million USDC untouched.
As the market continues to break out, analysts are speculating that the crypto whale will use the remaining $1.22 million USDC to buy into the viral Ethereum ICO, ETFSwap (ETFS).
Viral Ethereum ICO, ETFSwap (ETFS), Attracts Millions Of Dollars
The ETFSwap (ETFS) platform remains a revolutionary project aimed at using Ethereum blockchain technology to bridge the gap between traditional financial (TradFi) markets and decentralized finance (DeFi).
With the help of ETFSwap (ETFS) technology, users around the globe can have access to and trade tokenized exchange-traded funds with their cryptocurrencies. Furthermore, no KYC is required to access these assets, completely shattering the barrier to entry as investors regardless of their portfolio size, can now access the highly lucrative $10 trillion traditional ETF market right on the blockchain.
The listed tokenized ETFs on the DeFi platform are backed by real-world assets, so investors can be rest assured that these assets will always maintain their value. With real-time data available, users can explore different opportunities on the ETFSwap’s (ETFS) platform, such as spot and futures ETFs. Furthermore, the platform offers users, with up to 10X leverage on all listed assets and up to 50X leverage on all listed ETFs. This is a first-of-its-kind offering only available on ETFSwap (ETFS).
To ensure the safety of assets, the platform and its smart contracts have been audited by leading blockchain security firm, CyberScope, and the audit report shows that there are no vulnerabilities in its infrastructure that could lead to loss of funds.
To access this innovative and best-in-class platform, users will need to hold ETFS, the native utility token of the ETFSwap ecosystem, as the key to the kingdom. However, this is not the only utility of the token. Token holders also have opportunities to earn rewards from staking, providing liquidity, and even bonuses as early buyers. This presents a unique opportunity to earn passive income without having to lift a finger.
Due to its massive demand and popularity, the project was able to raise $750,000 within a few hours of its private presale from strategic institutional and angel investors. The public presale was declared open following this feat and it has seen an incredible positive reception from the crypto community
Over 70 million ETFS tokens have already been sold in its stage 1 presale at $0.00854 per ETFS token. However, it is imperative to hurry as the stage 1 will end soon and its stage 2 presale will then commence at a higher price of $0.01831.
Do not miss out on the huge potential to make over 30,000x ROI when ETFSwap (ETFS) is listed on leading exchanges like Binance and Bybit soon.
For more information about the ETFS Presale:
