Justin Sun Has Bought $5 Million Worth Of ETH Ahead Of Spot Ethereum ETFs Trading
Justin Sun has reportedly added $5 million worth of ETH to his holding ahead of Spot Ethereum ETFs trading. The anticipation of Spot Ethereum ETFs has drawn several small and large crypto investors to bet on a potential ETH surge when the crypto ETF goes live.
Amid the growing confidence in the ETH price, experts highlight higher prospects for the new ETF trading platform ETFSwap (ETFS). With the ETFSwap (ETFS) raising huge numbers on presale, investors are swarming in for an early spot to book huge profits.
Justin Sun Has Bought Over $1.1 Billion Ethereum (ETH) Since February
Onchain analytics platform Spotonchain reported huge ETH purchases from wallets controlled by Justin Sun. The crypto billionaire reportedly bought 1,614 ETH with about $5 million when Ethereum (ETH) traded at around $3,097.
This brings Justin Sun’s total ETH purchase since February to over $1.11 billion, showing his increased confidence in ETH amid anticipating Spot Ethereum ETFs. The report also adds that Justin Sun may be waiting to buy even more Ethereum (ETH) as he recently deposited $45 million USDT in centralized exchange Binance, ready to buy up dips.
Other news sources report multiple ETH transfers to multiple crypto exchanges and a notable $9.3 million worth of Ethereum (ETH) moving from a wallet to Binance, Coinbase, and Bitfinex exchanges.
The launch of Spot Ethereum ETFs is expected to trigger a price surge in Ethereum (ETH) to new all-time highs, just like we saw on Bitcoin following the launch of Spot Bitcoin ETFs. Ethereum (ETH) is trading at $3,137 as of this writing, with predictions of $10,000 after the launch of Spot Ethereum ETFs.
ETFSwap (ETFS) Ready To Launch To The Moon After Spot Ethereum ETFs Launch
ETFSwap (ETFS) has seen massive growth amid the growing hype around Spot Ethereum ETFs. The excitement about the new platform stems from its innovative offering, which allows users to have decentralized access to ETF assets. With the tokenized ETFs on ETFSwap (ETFS), the user can trade and invest in ETF assets in industries such as healthcare, energy, technology, and more with much flexibility.
These tokenized ETFs will be backed by actual securities purchased from the traditional markets. However, they offer many benefits over the same assets traded on centralized markets. ETFSwap (ETFS) will facilitate faster settlements, convertibility with cryptocurrencies, staking and lending opportunities, 24/7 market coverage, and many more.
More so, ETFSwap (ETFS) is emerging as a comprehensive trading platform for ETFs and crypto. Users will have access to advanced trading tools, real-time market data, and the avenue to explore market-making and leverage trading opportunities. The ETF trading platform emerges with first-mover advantages, without any competition, offering a combination of global ETF accessibility, crypto compatibility, and on-chain anonymity.
Some other unique features to expect on ETFSwap (ETFS) are the ETF Screener and ETF Finder, powered by AI algorithms. These tools will further inform trading decisions and recommend the available ETF investment opportunities. The tools will be capable of processing and analyzing large volumes of data and providing recommendations based on historical data and market sentiment.
ETFSwap (ETFS) is ready for the beta launch and recently passed KYC verification with SolidProof, a reputable blockchain security audit firm. SolidProof announced that the team member identities have been verified, and the contract has launched on the mainnet. ETFSwap (ETFS) is pacing towards platform launch and the opportunity to get in early closing in.
With Justin Sun and other crypto whales showing their hands on Ethereum (ETH) and emerging ETFSwap (ETFS) presale, investors are set to cash in on the big market opportunities ahead of Spot Ethereum ETFs. However, ETFSwap (ETFS) being on presale offers a more rewarding opportunity with a high margin of success. Experts predict up to 50,000% potential returns on the new ETF trading platform as it rides towards massive valuation.
Get in now on the ETFSwap (ETFS) presale at $0.01831 before the price increases to $0.03846.
For more information about the ETFS Presale:
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
