Bitcoin Whales Rouse From Decade-Long Sleep To Move $60 Million To Ethereum’s Biggest ICO
Satoshi-era Bitcoin whales have suddenly reawakened to execute large-scale Bitcoin transactions worth millions of dollars. This unexpected cryptocurrency transfer has sparked speculations about the destination of these substantial funds, with the possibility of these whales moving their assets into one of Ethereum’s biggest ICO, ETFSwap (ETFS).
Decade Old Bitcoin Whales Move Holdings
On May 12, reports from Blockchain analytics platform, Lookonchain discovered two anonymous Bitcoin whales’ wallets, over a decade old, moving a staggering 1,000 BTC out of its wallet addresses. The data analysis tool revealed that the two Bitcoin (BTC) wallets contained 500 BTC each, valued at $62,000 each, during the time the cryptocurrency was transferred into the wallets.
One wallet address, identified as “1DUJuH” had received 500 BTC on September 12, 2013, while wallet “16vRqA” received another 500 BTC on September 13, 2013. At the time, Bitcoin’s price was trading around $124, a staggering contrast from its price today.
On May 12, when the Bitcoin (BTC) whale wallets had executed the 1,000 BTC transfer, the cryptocurrency was trading at around $60,900. This means that the wallets had yielded substantial profits of almost 500x, totaling about $61.8 million excluding the initial $62,000 price for each token in 2013.
As of writing, the price of Bitcoin (BTC) is at $61,545, reflecting a 2.10% decline over the past 24 hours, according to CoinMarketCap.
Ethereum ICO ETFSwap (ETFS) Sees Record Influx Of Funds From BTC Titans
Early Bitcoin whales are currently moving their holdings to promising new crypto ICOs within the digital asset space. ETFS, an Ethereum ICO and the native token of the ETFSwap ecosystem, has been gaining traction recently, garnering the support and attention of top investors in the market.
This cryptocurrency has witnessed a significant surge of interest from crypto investors who have injected millions of dollars into ETFSwap’s developing ecosystem. As an Ethereum ICO, ETFSwap (ETFS) boasts of an innovative crypto and Exchange-Traded Fund (ETF) platform where users can swap cryptocurrencies in exchange for listed ETFs on the platform.
Furthermore, ETFSwap (ETFS) offers decentralized trading services which allow users to execute transactions on the blockchain. This enables users to execute trades on the innovative platform anonymously, ensuring that they can protect their sensitive information and stay secure.
ETFSwap (ETFS) also eliminates the need for KYC verifications, enabling users to streamline their account opening processes while also prohibiting the interference of other financial institutions and regulators. This, in turn, empowers users with another level of anonymity that cannot be gotten from conventional exchanges.
This ETF trading platform exposes users to investment avenues in different multi-trillion dollar sectors of the world, including health, energy, commodities, and more. Furthermore, the platform has been audited by blockchain security company CyberScope and declared safe to invest in.
This means that users can safely and securtly buy, invest and trade all kinds of tokenized ETFs through ETFSwap, while also enjoying seamless transactions and lower trading fees using its native token, ETFS.
Given its usefulness in the ETFSwap ecosystem, investors are rushing to purchase ETFS tokens during its ongoing presale stage which is set to end in a few weeks. The first stage of the presale offers ETFS tokens at a discounted price of $0.00854, allowing early investors to get the chance to potentially generate massive profits by accumulating an extensive amount of tokens before the cryptocurrency’s value surges.
The second stage of the ongoing presale is expected to begin soon and each ETFS token will be sold for a price of $0.01831. This price surge is attributed to the cryptocurrency’s rising demand in the crypto market as more than 80 million ETFS tokens
have already been sold out in the first presale phase.
Additionally, experts predict that the ETFS price will rise as high as $4 once listed on exchanges, which means an over 40,000% return on investment for those who purchase the tokens in stage 1 of the presale.
For more information about the ETFS Presale:
