In what happens to be an unexpected turn of events, a long-time holder of the popular meme coin Shiba Inu (SHIB) has sold off their investment, estimated to be about $1.1 million. The reason for this action remains unknown. However, the anonymous diamond hand investor is reportedly putting in a substantial amount from the sale proceeds into the popular Ethereum presale ravishing the crypto market, ETFSwap (ETFS).
Longtime Shiba Inu (SHIB) Investor Sells Holdings For A 419x Gain
In an X (formerly Twitter) post, popular on-chain update account Lookonchain shared the news of an unnamed Shiba Inu (SHIB) investor who recently sold his holdings for a profit after being inactive for 3.5 years.
On Feb 1, 2021, the investor made a strategic move. They invested 2 Ethereum (ETH), approximately $2,625, to acquire 48.09B worth of the Shiba Inu (SHIB) token. Just a few hours ago, they sold it for 278.7 Ethereum (ETH), equivalent to about $1.1 million. This reflects a staggering gain of 419x.
Interestingly, this development has garnered several reactions and speculations from the crypto community. A further inquiry into the whole event shows that the anonymous “diamond hand” Shiba Inu (SHIB) trader, like several other investors, is buying the hottest Ethereum presale, ETFSwap (ETFS).
Currently, Shiba Inu (SHIB) is trading at $0.00002553, reflecting a 3.0% and 0.2% increase in the last 1 hour and seven days, respectively.
What Is ETFSwap (ETFS)?
ETFSwap (ETFS) is an Ethereum-based decentralized finance (DeFi) platform designed to provide seamless, flexible, secure, and efficient trading services for institutional exchange-traded funds (ETFs) investors.
It achieves this by closing the gap between the traditional finance (TradFi) market and decentralized finance (DeFi) protocols, thereby creating an infrastructure where investors can effectively invest in a diverse collection of tokenized ETFs and cryptocurrencies in a one-stop shop.
Why ETFSwap (ETFS) Is A Better Option To Shiba Inu (SHIB)
One reason why Shiba Inu (SHIB) whales are choosing ETFSwap (ETFS) is because it makes trading activities simple and rewarding. This innovative infrastructure allows users and investors to swap their assets securely and cost-effectively across various markets. As a result, an investor can choose to swap ETFs for cryptocurrencies or cryptocurrencies for ETFs.
Users and investors can stake their holdings to earn rewards on this decentralized finance (DeFi) platform. By adding their assets to the ETF pool, ETFSwap (ETFS) provides liquidity for swap trading. They can also earn yield from trading fees as each ETF pool’s trading volume expands.
Further, ETFSwap (ETFS) offers perpetual futures and options services. Users and investors can trade in long and short options directly on the platform and take advantage of up to 50x leverage across every listed ETF. This way, they maximize the value of their investments.
ETFSwap (ETFS) boasts a secure platform allowing all kinds of investors to engage in trading without undergoing KYC registration. This approach promotes decentralization, thereby eliminating all forms of interference by banks or third parties. Moreover, CyberScope, a top cybersecurity firm, has run a comprehensive audit on the ETFSwap (ETFS), with results showing its resistance to cyberattacks.
The Hottest Ethereum Presale – Early Investors To Gain Over 10,000% On Investments
The ongoing ETFSwap (ETFS) presale, regarded as the hottest Ethereum presale at the moment, is poised to make several people rich. Currently selling for $0.00854 in its presale Stage 1, it has attracted the crypto community’s attention, selling over 100 million tokens. With Stage 1 looking to sell out soon, Stage 2 will begin and sell for $0.01831. This means that Stage 1 investors would have gained over 100% on their initial investments when this happens.
Beyond that, the imminent listing of the project on major crypto exchanges is set to push the price of ETFS as high as $1, reflecting a 10,000% price increase. Consequently, your Stage 1 $1,000 investment would have appreciated over $100,000 when listed. This is a smart-choice investment opportunity for new and seasoned investors.
For more information about the ETFS Presale: