ICO-Era Ethereum Whale Cashes Out $154M while Qubetics (TICS) Pre-Sale Enters New Phase

A prominent Ethereum whale, who originally acquired ETH during the 2014 Initial Coin Offering (ICO), has recently executed significant transfers of Ethereum. Reports reveal that this investor has moved a substantial portion of their ETH holdings to the crypto exchange OKX, fueling speculation about potential new ventures. Over the past month, this whale has consistently transferred millions of dollars worth of ETH, with the last transaction alone involving a hefty deposit of 5,000 ETH to OKX. 

Qubetics (TICS) ICO meanwhile  is currently attracting interest in its early stages

The latest transaction, involving 5,000 ETH—valued at approximately $13.2 million at current market prices—adds to the 48,500 ETH (around $154 million) already moved over the past 35 days.

These transactions have caught the attention of many, especially since transferring large amounts of ETH to an exchange like OKX often signals an intent to sell. 

Rising interest in Qubetics (TICS) among crypto investors

With more people hearing about Qubetics, anticipation is building around whether this new project will capitalise on such a potential influx of investment.

The actions of this ICO-era whale have not gone unnoticed. Analytics firm Lookonchain has been closely monitoring the whale’s movements, noting that large-scale selling could considerably impact ETH’s price. This has injected uncertainty into the market.

If the whale continues to offload their ETH holdings, it could put downward pressure on Ethereum’s price, raising concerns among other investors. At the same time, the increasing buzz around Qubetics suggests that influential market players might be seeking new opportunities, potentially shifting their focus from Ethereum to this promising new project.

Qubetics (TICS) anticipating the next big move 

The cryptocurrency world is on high alert, with a keen interest in the movements of a significant Ethereum whale.  Moves like these, especially from early adopters, often send ripples through the market, influencing trends and sentiment. 

As this whale continues to transfer ETH, speculation is growing that these funds might soon be funnelled into Qubetics (TICS), a rising star in the blockchain space. As discussions continue to swirl, the possibility of Ethereum whales shifting their investment strategies is capturing the attention of the crypto world. 

Currently, in its whitelist phase, Qubetics invites crypto enthusiasts to join the blockchain revolution by simply signing up with their email addresses. Those who join the whitelist gain exclusive benefits, including receiving a special email from Qubetics two days before the official launch of its presale. With whitelist spots rapidly filling up, time is of the essence. Early registration grants access to the presale at the lowest possible price, a rate that won’t be available to the general public. Importantly, joining the whitelist requires no purchase at this stage.

Qubetics, a sponsor of the upcoming TOKEN2049 event in Singapore on September 18-19, 2024, is led by Mr. Shaffy Yaqubi, a seasoned blockchain enthusiast. Attendees of the event will have the opportunity to interact directly with the Qubetics team, gaining deeper insights into the project. With each passing day, curiosity about Qubetics intensifies as investors consider its potential to become a dominant force in the cryptocurrency world. The prospect of a substantial investment from a major Ethereum holder has only heightened the intrigue surrounding Qubetics.