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Shiba Inu Whales Transfer 1.75 Trillion SHIB Worth $39.2 Million Into This New Ethereum Token
Whale alert on May 2, 2024, saw an unusual movement of over 1.75 trillion SHIB tokens worth $39.2 million as Shiba Inu whales (SHIB) may be considering a potential shift of their investment boat to an Ethereum token – ETFSwap (ETFS).
The movement of such a large volume of Shiba Inu (SHIB) tokens has sparked mixed reactions in the crypto community as investors speculate that this large movement could be a means to purchase the hottest token in the Ethereum network in large quantities.
Prior to the transfer of 1.75 trillion tokens, these Shiba Inu whales (SHIB) moved over 3 trillion SHIBs. On-chain data further showed that these Shiba Inu (SHIB) whales own over 246 different crypto assets, with Shiba Inu (SHIB) being their largest holding, valued at over 5 trillion SHIB.
With such a huge move happening now during market uncertainty and the urgency of 10x their returns with newer assets and unique use cases, it’s no surprise for investors to believe Shiba Inu whales could buy ETFS Exchange (ETFS).
Shiba Inu (SHIB) sees a price increase of 5%.
Prior to the movement of over 1.75 trillion SHIB tokens, the price of Shiba Inu (SHIB) has faced a lot of uncertainty in recent weeks as many investors are starting to doubt whether the price of Shiba Inu (SHIB) will perform as well as it has in past market cycles as the price has yet to show much strength.
The early hours of May 4, 2024 saw the price of Shiba Inu (SHIB) jump, producing a gain of over 5% in the last 24 hours as the price of Shiba Inu (SHIB) moved from the $0.00002001 region to a high of $0.0000255. However, the Shiba Inu (SHIB) price is still below its yearly high of $0.00004556.
Despite being a favorite meme coin for many investors in the past, there has been heavy speculation about Shiba Inu whales jumping the boat to better, high-profit investment opportunities like ETFSwap (ETFS), winning the hearts of many crypto OGs .
ETFSwap (ETFS) – The SHIB killer
Despite the poor monthly chart close for many cryptocurrencies in the market, the price of ETFSwap (ETFS) remained bullish. The project continues to gain popularity among investors and is winning the hearts of many crypto whales looking for 10x their profit potential.
ETFSwap (ETFS) is a decentralized blockchain platform focused on helping users easily trade tokenized exchange-traded funds (ETFs) without third-party interference or exorbitant transaction fees associated with traditional financial systems.
While many investors are looking for high-potential crypto assets and projects, ETFSwap (ETFS) has remained a trending topic on the lips of many whales and investors as ETFSwap (ETFS) meets the intersection of decentralized finance (DeFi) and traditional system financial. This is because Exchange Traded Funds (ETFs) and Real World Assets (RWAs) are gaining a lot of attention from big players like BlackRock, Fidelity and other major firms.
ETFSwap (ETFS) emerges just in time to enable trading of over 2,000 different ETF options for investors looking to diversify their portfolio and earn good investment returns. In an effort to demonstrate that the security and transparency of its users are of the highest priority, ETFSwap (ETFS) has entered into a strategic partnership with Cyberscopea leading crypto auditing firm, to ensure that its smart contracts are free of vulnerabilities and meet industry standards.
Phase 1 of the ETFSwap (ETFS) presale is currently underway, with over 50 million ETFS tokens sold out in just a few weeks, generating over $350,000. Phase 2 of ETFSwap (ETFS) presale is expected to double in price and the tokens will be sold at $0.01831.
To capitalize on this opportunity, whales and investors are growing in numbers, looking to buy back this amazing token with incredible use cases, as it would be a life-changing opportunity to grab some ETFSwap (ETFS) at its current price Bass.
For more information on ETFS presale:
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