Shiba Inu whale buys 692 billion SHIB, PEPE whale hoards $21 million, ETFSwap (ETFS) whales make a $750,000 bet

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.

Whales holding Shiba Inu (SHIB) and Pepe (PEPE) tokens have been identified as participants in significant crypto transactions that could potentially impact the market.

Recently, there has been an increase in whale activity, with several crypto whales observed acquiring large amounts of coins or transferring them from anonymous wallets to specific crypto exchanges. Given the volatility of the market, these trades have the potential to greatly impact the price of a cryptocurrency.

While some whale transfers may indicate a pessimistic sentiment, others suggest a more optimistic view of a cryptocurrency. A notable example of a potentially bullish token is ETFSwap ($ETFS), a futuristic cryptocurrency that has attracted strategic investments totaling as much as $750,000 from numerous investors.

Shiba Inu (SHIB) whale acquires almost 700 billion tokens

In a recent X (formerly Twitter) post, blockchain tracker and analytics platform Whale Alert revealed a substantial transfer made by a Shiba Inu (SHIB) whale. According to the crypto tracker, an anonymous whale had purchased approximately 692,400,000,000 Shiba Inu (SHIB) tokens from Crypto.com, a popular crypto exchange.

On Monday, April 8, a purchase of 692.4 billion Shiba Inu (SHIB) tokens worth approximately $19.2 million took place. The tokens were then transferred to an unknown crypto wallet address, creating uncertainty about their future.

When a significant number of cryptocurrencies are moved to a wallet address, it typically suggests that the investor intends to store the tokens securely or hold them for a long period of time.

Currently, Shiba Inu (SHIB) is experiencing a slight price correction, down 0.49% in the past 24 hours. This whale movement could potentially create a bearish trend for the cryptocurrency. The fact that the anonymous whale has not yet started selling the tokens could indicate that Shiba Inu (SHIB) is preparing for a rally in the near future.

Regardless of the outcome, the market is closely monitoring the potential impact of these Shiba Inu (SHIB) trades on the current market.

Pepe (PEPE) prices as the whale moves 2.63 trillion tokens

The price of Pepe (PEPE) has been on a steady downward trend over the past month. Earlier in March, Whale Alert revealed that an anonymous crypto whale had made a massive Pepe (PEPE) transfer from KuCoin, a popular crypto exchange.

The on-chain tracker revealed that approximately 2,635,658,884,119 Pepe (PEPE) tokens had been moved to an unknown wallet address. At the time, the 2.6 trillion tokens were valued at more than $21 million.

Furthermore, the price of Pepe (PEPE) dropped significantly after the transfer, to around $0.000074. Currently, Pepe (PEPE) is trading at $0.00000699, reflecting a decline of 22.66% in the past month, according to CoinMarketCap.

ETFSwap ($ETFS) investors are betting $750,000 on the token’s future trajectory

ETFSwap ($ETFS) offers both novice and seasoned crypto investors the opportunity to generate potentially substantial returns through the purchase and trading of Spot Bitcoin ETFs. Due to the immense future potential and value of the cryptocurrency, driven by real-world use cases, many investors are quickly purchasing this token and placing large bets on its value over the next few years.

A total of $750,000 has already been raised in the private fundraising round, highlighting the support and interest that investors have shown in this cryptocurrency.

As a unique token, ETFSwap ($ETFS) will provide investors in various regions around the world with more secure, transparent and reliable access to Spot Bitcoin ETFs and other tokenized ETFs across a wide variety of industries, delivering advanced trading features and services to users .

This platform has already undergone a rigorous audit process by CyberScope, a leading cybersecurity and blockchain audit firm. The result of the audit showed that there are no flaws in the underlying infrastructure of ETFSwap ($ETFS) and its technological features.

Harnessing the power and capabilities of blockchain technology, ETFSwap ($ETFS) seamlessly combines traditional finance with Decentralized Finance (DeFi), allowing users to take advantage of the best part of these evolving ecosystems.

Users also have the chance to stake their tokens to earn passive income. Furthermore, major token holders will have governance rights, allowing them to actively and directly participate in the operations and future development of the cryptocurrency.

With the presale already underway, ETFSwap ($ETFS) has effectively captured the crypto industry’s major players, selling over 5.4 million tokens in the first phase of the presale. Currently priced at $0.00854, the token’s value will increase to $0.01831 in the second presale phase.

Be one of the investors ready to make significant profits through strategic investments with ETFSwap ($ETFS). The pre-sale phase ends in 26 days, so take the opportunity to invest in these tokens today.

For more information about the $ETFS presale:

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Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on any goods, services or content mentioned in the press release.