A massive 946,000 BTC wall is nearing breakeven due to recent declines in the price of Bitcoin (BTC) and potential panic selling. This breakeven point could have a major effect on the price of Bitcoin and other crypto assets. During this period, investors can look towards more profitable investment avenues like ETFSwap (ETFS) to mitigate risks and generate more returns from their investments.
ETFSwap (ETFS) Delivers Superior Investment Opportunities For Crypto Investors
ETFSwap (ETFS) is a decentralized platform that allows users to trade and invest in cryptocurrencies and exchange-traded funds (ETFs). This platform helps investors mitigate investment risks by providing direct access to diverse types of institutional tokenized ETFs including cryptocurrency spot and futures ETFs.
By utilizing blockchain technology, ETFSwap (ETFS) optimizes its trading procedures and transactions while maintaining platform security, anonymity, and transparency. Moreover, its smart contracts has undertaken a thorough audit by CyberScope, one of the leading and recognized audit authorities in the crypto space. The audit process which involved detailed cybersecurity risk evaluations and analysis revealed ETFSwap’s faultless infrastructure and strong defenses against cyberattacks.
Furthermore, this platform’s lack of KYC requirements allows customers to enjoy increased privacy, flexibility, and complete control over their ETFSwap (ETFS) accounts and investment assets. To incentivize users, ETFSwap (ETFS) offers diverse trading bonuses such as a monthly token airdrop, up to 10x leverage on all trades, an 87% APR yield and up to 50x leverage on perpetual futures and options trading.
Users who trade tokenized ETFs on ETFSwap (ETFS) can have access to its platform’s innovative features including 24/7 risk management services, reduced trading fees, efficient ETF management benefits, lower transaction costs, and round-the-clock access to the platform.
Additionally, investors can gain access to staking options available on the platform. By purchasing ETFS tokens in its ongoing second presale stage, investors can stake their tokens to earn passive income and staking rewards. Moreover, token holders are granted exclusive benefits such as voting rights which allow them to directly participate in ETFSwap’secosystem and contribute to its developmental processes.
As mentioned earlier, ETFSwap’s public sale is ongoing, providing investors a prime opportunity to buy tokens at a discounted price of $0.01831. Investors can purchase as many tokens as they desire ahead of the token’s rise to $0.03846. Investing early increases chances to amplify returns and channel some of these profits into trading tokenized ETFs on the platform.
964,000 Bitcoin (BTC) Holders Approach Breakeven Point
Reports have revealed that Bitcoin (BTC) addresses holding over 964,000 BTC are approaching breakeven. This development is attributed to Bitcoin’s recent bearish trend, which has once again pushed its price down below the $71,000 price level.
Should these large-scale Bitcoin (BTC) holders begin incurring losses due to price volatility, it could trigger a panic sell-off, possibly impacting the price of Bitcoin (BTC) and the broader crypto market. This increased selling pressure could expedite a price crash, potentially pushing Bitcoin (BTC) lower than its present price of $69,640, according to CoinMarketCap.
Popular crypto analyst, Ali Martinez, revealed in an X (formerly Twitter) post that Bitcoin (BTC) is consolidating around key support zones between $69,380 and $67,350, where 1.97 million addresses acquired the 964,000 BTC. This price range is where an increase in buying interest could prevent further declines in Bitcoin’s value.
The crypto analyst disclosed that holding this critical support range was crucial for Bitcoin (BTC) to potentially sustain its upward momentum.
Conclusion On Bitcoin’s Price Trajectory
As a substantial 964,000 Bitcoin (BTC) wall nears its breakeven point, the risk of Bitcoin (BTC) and other crypto asset prices dropping further increases. Given the potential for increased market volatility and selling pressures, investors can opt for safer investment alternatives with a high-profit potential, like ETFSwap (ETFS).
This platform offers direct access to trade institutional tokenized ETFs and allows users to invest in its native token, ETFS, to generate potential profits. The presale is currently ongoing and has sold more than nine million tokens and raised over $150,000 in just a few days. This underscores ETFSwap’s heightened interest and demand amongst investors and traders in the crypto space.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
