Early Ethereum whale moves $90m to Kraken; Arweave holders eyeing Pullix presale
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Recently, a dormant Ethereum whale moved coins worth approximately $90 million to Kraken, a crypto exchange, after five years, prompting discussions among analysts and crypto enthusiasts.
At the same time, Arweave holders are actively exploring Pullix as the project approaches its token presale.
Ethereum remains bullish
In crypto, whale movements negatively impact prices, especially if coins are moved to an exchange.
Recently, a whale deposited 39,260 ETH to Kraken. This address had previously received 47,260 ETH, valued at just over $11 million at that time, from a single transaction in 2017.
If the whale sells, the address could realize $90 million in the current market conditions.
Arweave holders explore Pullix presale
Early Arweave holders understand the importance of early-stage investment.
For perspective, AR prices reached an all-time high of $90.94 in November 2021, a 200,000% increase from its all-time low of $0.4 in May 2020.
Despite prices declining in 2022, AR is trading at around $8. Early investors are still in profit.
Some Arweave holders are exploring opportunities and are considering Pullix.
Pullix features
Pullix offers a hybrid crypto exchange, combining decentralized finance (defi) with online over-the-counter (OTC) retail trading potential.
PLX is the platform’s utility and governance token. Traders can access rewards and benefits through this token.
The platform supports PLX with up to 30% of its revenue, mitigating volatility risks.
Pullix also offers traders and early-stage investors profit-sharing opportunities, including PLX exposure.
Staking PLX and providing liquidity could provide potential returns of up to 18% on fixed investments and even higher on other incentives.
PLX has a total capped supply of 200 million, 60% of which is allocated for presale at an initial rate of $0.04 in stage 1.
For more information about the Pullix presale, visit details below:
Website: https://pullix.io/
X: https://twitter.com/pullixmarkets
Telegram: https://t.me/pullixmarkets
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