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Chainlink and Ethereum whales are eyeing the presale of a new DeFi coin as it shows strong growth potential in this bull cycle.
As the cryptocurrency market continues to evolve, advanced platforms and assets are attractive to investors. These include Chainlink (LINK), Ethereum (ETH)and a DeFi coin that has proven to be a good cryptocurrency due to its huge growth potential.
Until now, investors have been cautious about investing in new cryptocurrencies. But this time, they are aggressively buying into the pre-sale of the new DeFi coins as they offer huge profit prospects despite the pre-sale phase.
This is why the new cryptocurrency is attracting ETH and LINK whales in this bull cycle!
DTX Exchange: A new crypto platform offering 120,000 assets and a profitable DeFi coin
DTX Exchange (DTX) is a new crypto trading platform that has launched a unique trading strategy.
It is different from most exchanges that only support certain asset classes such as commodities, indices, bonds and stocks. In this regard, the DTX exchange platform offers traders 120,000 investment options to invest, including cryptos.
With this extensive offering, DTX Exchange is connected to the $714.7 trillion OTC derivatives market, giving its DeFi coin huge growth potential. This means investors manage multiple assets without having to switch between platforms or accounts.
For those who love privacy, DTX Exchange is a great option. Thanks to the No-KYC policy, users can carry out transactions without revealing their identity. This investment method helps traders meet their needs and is perfect for users looking for a quick and easy registration process.
DTX exchange is a dominant player in the crypto sector and offers advanced investment concepts. Its DeFi token has achieved remarkable market performance despite the pre-sale phase. In this context, DTX presales have so far raised over $9.4 million, and analysts expect the figure to cross $10 million this month.
With all its features, DTX Exchange enhances users’ trading experience and offers attractive incentives to holders. The crypto trading platform could become the next big thing in this bull market due to its increased privacy, innovative features and access to many assets.
Chainlink whale activity surges by 1,219%, driving LINK price rise
Chainlink saw a 1,219% increase in whale activity on December 2, 2024, with these transactions reaching $858.08 million. This coincided with a 31% price increase, resulting in LINK trading above $24. Interestingly, the token has gained over 35%, highlighting the strong market momentum.
Whale activity indicates significant buying and selling that is impacting the price of the token. IntoTheBlock data suggests whales are accumulating LINK and benefiting from the price rally. The massive activity highlights investor confidence in Chainlink’s growing ecosystem.
Chainlink has continued to grow through high-profile collaborations with renowned companies such as Swift, Euroclear and the Brazilian Central Bank, who use Chainlink for their CBDC project. These advances demonstrate Chainlink’s integral role in merging AI, oracles, and blockchain technology in financial markets.
LINK was valued at $24.11 on December 6, up 36.29% over the past week. Analysts expect LINK to rise to $29 this month as more whales accumulate the token. With LINK showing huge growth potential, investors are turning to a new $0.12 DeFi coin that could deliver your annual income in a month.
Ethereum targets $4,000 as whale activity increases and sentiment is bullish
Ethereum’s ETH is around 18% below its all-time high and has the potential to break above $4,000 for the first time in nine months. Key drivers include a growing 7-day market value to realized value ratio (MVRV) and increasing whale accumulation.
The 7-day MVRV, now at 6.1%, highlights growing unrealized gains and increasing optimism among short-term investors. Historically, levels of 7% or more lead to corrections, but the rally could extend further if sentiment remains optimistic.
Whale accumulation is also increasing, with wallets holding over 1,000 ETH reaching 5,599, the highest level since October 6, 2024. This growing interest from whales underscores confidence in ETH’s price movement. If ETH breaks above $4,000, it could reach its all-time high of $4,867. However, if momentum weakens, ETH could retest support at $3,688, $3,500, or $3,255.
ETH was trading at $3,904 on December 6, up 9.16% over the past week. Analysts expect ETH to rise to $4,205.16 this month as more investors buy the altcoin. Investors are turning to a new DeFi coin that has huge growth potential. Therefore, it is a good cryptocurrency to buy.
DTX is considered a good cryptocurrency to buy instead of LINK and ETH in this bull market
The dynamic crypto market continues to attract investors with innovative projects like DTX Exchange massively impacting crypto trading. With growing interest from Chainlink and Ethereum whales, the DeFi coin has huge profit potential, which has made it a good cryptocurrency to buy in this bull cycle.
Thanks to its unique features, DTX Exchange is perfectly positioned to outperform established investments as more and more investors look to purchase the token.
DTX is selling quickly in Phase 6 of its $0.12 public presale, which also represents a 500% profit for early buyers who purchased it for $0.02. Additionally, new investors will receive a 67% profit once the DeFi coin completes the presale phase and launches in mainstream markets at $0.20.
For more information, see DTX Exchange presale website and join in Online community.
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