While the cryptocurrency market has been following a horizontal trend recently, on-chain data platform Lookonchain has detected the increasing interest of whales and institutional investors in tokens in the Ethereum ecosystem. This situation is considered as a sign that there may be movement in the market in the future. According to the latest data, the focus of the whales is ENS coin and various altcoins.

ENS coin and other tokens are accumulating
According to the information shared on Lookonchain's Twitter account, the address named aavebank.eth had 21,027 AAVE (~1.98M USD), 205,493 UNI (~1.62M USD), 446 ETH (~1.37M USD), 102,313 LINK (~) from the Binance exchange 3 hours ago. It was stated that it attracted 1.28M USD) and 20,797 ENS (~534,000 USD). This move means the address is investing in Ethereum-based decentralized finance (DeFi) protocols and infrastructure tokens. Additionally, another address named 0x345f was noted to have withdrawn 508,001 PENDLE (~1.89M USD) and 1.08M LDO (~1.77M USD) from Binance 11 hours ago. This shows that whales are interested not only in popular DeFi tokens but also in emerging projects.

These movements alone may not be enough to determine the market trend; However, the increasing interest of whales and institutional investors in tokens in the Ethereum ecosystem may create positive momentum in the future. This situation may become more evident, especially as the use cases of tokens strengthen and their adoption increases.

It is important for investors to act based on their own research and risk tolerance, rather than based on such news. Since the cryptocurrency market has high volatility, caution should be exercised against sudden price movements. Whale movements reported by Lookonchain show continued trust and interest in the Ethereum ecosystem. As the adoption of DeFi protocols increases and traditional financial institutions step into this space, Ethereum-based tokens have the potential to gain value in the long term.

However, there are many factors that can affect the market in the short term; The general economic situation, the approaches of regulatory institutions and the mobility of other cryptocurrencies can be counted among these factors. Investors need to make decisions by taking these factors into consideration. As a result, whale movements detected by Lookonchain reveal continued interest in the Ethereum ecosystem. This could create positive momentum in the market; But it is important for investors to be cautious and act according to their own research.

PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.

My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.

THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.

Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who will benefit?

Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.

I EXPLAIN IN DETAIL.

My brothers and sisters who have become a Binance member without reference, please listen carefully;

When you do what I say, you will receive 10 USDT.

Enter the Futures Section from your application,

On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,

My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.

The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.

However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.

Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.

WHEN WILL THE AWARD COME?

Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.

You can help your friends in need by sharing this post.

BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.