Bitcoin (BTC) recovery has restored investors’ confidence in the broader crypto market. Crypto Whales have again begun accumulating coins they believe will enjoy significant price gains when the bull run kicks into full gear. Specifically, Litecoin (LTC) and ETFSwap (ETFS) are two coins that have caught the attention of these Whales following the Bitcoin (BTC) recovery.
Whales Are Accumulating ETFSwap (ETFS)
Whales are accumulating ETFSwap (ETFS) following the Bitcoin (BTC) recovery, with over 4 million tokens sold as the flagship crypto rebounded. These whales are looking to position themselves since ETFS is among the tokens that will outperform the market once the bull run led by Bitcoin (BTC) begins.
ETFSwap’s (ETFS) utility is the reason why investors, including Litecoin (LTC) whales, are confident that the decentralized finance (DeFi) token will stand out during the bull rally. As the utility token of the ETFSwap investment platform, ETFS makes the traditional and crypto markets easily accessible. Investors can simply swap the token for tokenized exchange-traded funds (ETFs) or crypto assets on the trading platform.
With such utility, ETFSwap (ETFS) will witness an astonishing number of investors looking to gain exposure to all asset classes in one place. The platform’s user-friendly interface allows ETFS to serve as a bridge between traditional finance (TradFi) and DeFi, as investors can easily swap their crypto assets to ETFs and vice versa.
The ETFSwap (ETFS) token has other use cases. For instance, it provides access to other exciting offerings on the decentralized investment platform, including perpetual futures for ETFs. Investors and traders can hold derivative contracts that allow them to bet on the future price of the underlying asset without expiration.
The utility token also provides access to artificial intelligence (AI) powered trading tools that ensure traders maximize their profits on the platform. These trading tools, ETF Screener and ETF Tracker provide the best ETF recommendations, assisting investors in betting on the most profitable assets. These tools also provide insights into the future outcome of a potential trade idea.
ETFSwap (ETFS) users will need the utility token to invest in the trading platform’s ETF when it launches next year. The token is also the key to accessing other exclusive investment options on the platform.
Meanwhile, token holders can enjoy passive income by holding their tokens. They will receive monthly airdrops from the ETFS rewards pool. Token holders can also provide liquidity or stake their tokens and earn high yields. Those who stake their tokens earn up to 80% annual percentage yield (APY), while liquidity providers earn up to 30% of fees made from token swaps.
With such a bullish outlook, it is no surprise that analysts say that ETFSwap (ETFS) can record a 20,000% price gain in this market cycle. The team, certified by SolidProof, has also put in much effort to make the project successful. They have vested their tokens for five years, further committing to its long-term success.
Litecoin (LTC) Whales Go On Shopping Spree Following Bitcoin (BTC) Recovery
Litecoin (LTC) Whales are on a shopping spree following the Bitcoin (BTC) recovery. Data from the on-chain analytics platform Santiment showed that Litecoin (LTC) has witnessed a “consistently higher level of Whale activity than usual” since late August, when the Bitcoin (BTC) recovery began following the August 5 market crash.
These Litecoin (LTC) Whales have been massively accumulating as transactions worth $100,000 and above have skyrocketed. This move from these Litecoin (LTC) Whales isn’t surprising since Litecoin could enjoy a significant price surge as the Bitcoin (BTC) recovery continues.
Meanwhile, in addition to the increased activity among Litecoin (LTC) Whales, social discussions involving the crypto have “erupted.” Based on this, Santiment noted that it is worth keeping an eye on LTC, especially if these Litecoin (LTC) Whales continue accumulating at this rate.
Conclusion
ETFSwap (ETFS) stands out as the best investment opportunity, with investors set to make up to 200x returns, which explains why Litecoin (LTC) whales are allocating a significant amount of their capital to the token. Investors who have yet to buy ETFSwap (ETFS) must do so quickly, as the Bitcoin (BTC) recovery will set the stage for a massive bull run for the utility token.
For more information about the ETFS Crypto Presale: