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Cryptocurrency News Articles

Crypto Whale Alert: ETH Whale Buys the Most $BTN Tokens in the Bitnance Token Presale

Sep 01, 2024 at 07:20 am

An ETH whale went onto the ICO site for the coming store-of-value token and bought the most tokens of anyone to date.

Crypto Whale Alert: ETH Whale Buys the Most $BTN Tokens in the Bitnance Token Presale

A crypto whale has entered the Bitnance token presale, making two purchases totaling around US$2100.

The ETH whale visited the ICO site for the upcoming store-of-value token and bought the most tokens of anyone to date.

In two transactions, the Ethereum behemoth has made two purchases via the Bitnance.net website thus far. The total comes out to two purchases, completed using the same wallet transaction address (0xAEb622ED90E3C64E05D8F0E7ABeE92db10f041f7) two days in a row.

The first buy-in was for 0.4 ETH, and the second was 0.41 ETH. Coming in at slightly under 1 whole ETH, it wouldn’t be surprising if this crypto whale continues dollar cost averaging into the ICO in the weeks to come.

With 98 days to go in the presale, these totals will surely be ‘topped’ in the future. Still, for now, the crypto whales continuing to enter the presale is a very positive indicator from ‘intelligent traders’ on future profit yields.

This new whale follows a millionaire crypto trader who entered the ICO earlier in the week. The other crypto whale infused $1110 in two purchases.

The prior ‘top buyer’ seemed to make their first purchase as a test of the security & smart contract of the Bitnance.net site, a buy of .001 ETH. After verifying things were fair, the crypto millionaire made a second purchase that seemed to execute the full goal: to buy $1010 worth of BTN in its discount phase.

Last week, the presales activity of the BNB-Chain-based alternative to Bitcoin skyrocketed by over 2000%. The Bitnance ICO averaged over 2000 token sales daily between Monday and Friday. If this event continues growing at a similar rate, next week, it could begin breaking into 5-figure (XX,XXX) daily averages and eventually reach a presale sell-out over the 100-day offering.

Bitnance is a new digital store of value assets. A layer-2 solution, its layer-1 blockchain is more secure than Bitcoin and can handle more transactions per second. Most importantly, the SOV token will offer traders the chance to have a similar cryptocurrency to Bitcoin with lower taxes on buy-sell transactions, up to 80% less on average.

News source:zycrypto.com

Disclaimer:info@kdj.com

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