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Chainlink and Ethereum whales are watching the presale of a new DeFi coin, attracted by its strong growth potential in this bull cycle.
As the cryptocurrency market grows, advanced platforms and assets will attract investors. These include Chainlink (LINK), Ethereum (ETH)and a DeFi coin that has been a great crypto to buy due to its huge growth potential.
Previously, investors have been cautious when investing in new crypto. But this time, they are buying aggressively into the new DeFi coin presale due to the prospect of a huge profit despite being in the presale phase.
This is why the new crypto is attracting ETH and LINK whales in this bull cycle!
DTX Exchange: A new crypto platform offering 120k assets and a profitable DeFi coin
DTX Exchange (DTX) is a new crypto trading platform that has introduced a unique trading strategy to the market.
It differs from most exchanges that only support specific asset classes such as commodities, indices, bonds, and stocks. In that context, the DTX Exchange platform offers 120,000 asset options for traders to invest, including cryptos.
With this massive offering, DTX Exchange is connected to the $714.7 trillion OTC derivatives market, which will give the DeFi coin a huge growth potential. Therefore, investors manage multiple assets without switching between platforms or accounts.
For those who love privacy, DTX Exchange is a good choice. Its non-KYC policy means that users can transact without revealing their identity. This deposit method helps traders meet their needs and is perfect for consumers looking for a quick and easy registration process.
DTX trading is a major player in the crypto sector, offering advanced investment concepts. Its DeFi token has delivered incredible market performance despite being in a pre-sale phase. In that context, the DTX presale has raised more than $9.4 million so far, and analysts say the figure will exceed $10 million this month.
With all its features, DTX Exchange enhances the trading experience of users and offers attractive incentives to holders. The crypto trading platform may be the next big thing in this bull market due to increased privacy, innovative features, and access to many assets.
Chainlink whale activity is up 1,219%, driving LINK price growth
Chainlink recorded an increase of 1,219% in whale activity on December 2, 2024, with these transactions hitting $858.08 million. This coincided with a price growth of 31%, bringing LINK to trade above $24. Interestingly, the indicator has gained more than 35%, indicating a strong trend in the market.
Whale activity indicates large buying and selling, which affects the price of the token. IntoTheBlock data shows that whales are collecting LINK and taking advantage of price aggregation. The massive activity reflects investors' confidence in the growing Chainlink ecosystem.
Chainlink has continued to grow through high-profile collaborations with reputable organizations such as Swift, Euroclear, and a major Brazilian bank, which uses Chainlink for its CBDC project. These advances highlight Chainlink's fundamental role in blending AI, oracles, and blockchain technology across the financial markets.
LINK was valued at $24.11 on December 6, up 36.29% over the past week. Analysts say LINK will rise to $29 this month as more whales collect the token. As LINK shows great growth potential, investors are turning to a new $0.12 DeFi coin that could deliver your annual income in a month.
Ethereum eyes $4,000 with increasing whale activity and bullish sentiment
ETH Ethereum is about 18% below its all-time high, registering the possibility of exceeding $4,000 for the first time in nine months. The main drivers include an increasing 7-day Market Value to Real Value (MVRV) ratio and a growing hog pool.
The 7-day MVRV, now at 6.1%, indicates an increase in unrealized profits and increased optimism among short-term holders. Historically, levels around 7% or higher lead to corrections, but the rally could extend further if sentiment remains bullish.
Whale accumulation is also growing, with wallets holding more than 1,000 ETH, hitting 5,599, a high since October 6, 2024. This growing interest from whales shows confidence in ETH's price path . If ETH crosses $4,000, it could go to an all-time high of $4,867. However, if the trend goes down, ETH can reconfirm support at $3,688, $3,500, or $3,255.
ETH was trading at $3,904 on December 6, up 9.16% on the previous week. Analysts say ETH will rise to $4205.16 this month as more investors buy the altcoin. Investors are turning to a new DeFi coin that has huge growth potential. So, it is good to buy crypto.
DTX is considered a good crypto to buy over LINK and ETH in this bull market
The dynamic crypto market continues to attract investors with innovative projects such as DTX Exchange, which has a significant impact on crypto trading. With increasing interest from the whales of Chainlink and Ethereum, the DeFi coin has huge profit potential which makes it a great crypto to buy in this bull cycle.
DTX Exchange's unique features position it perfectly to outperform established investments as more investors rush to buy the token.
DTX is selling fast in Phase 6 of its public presale, with a value of $0.12, which also means a 500% profit for early buyers who got it at $0.02. In addition, new investors will receive a 67% profit once the DeFi coin completes the pre-sale phase and launches on mainstream markets at $0.20.
For more information, visit the DTX Exchange Presale Website and join him online community.
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