Whale Ripple Diverts Massive Investments To ETFSwap And Aptos

Whale Ripple diverts massive investment to ETFSwap and Aptos (Photo; Doc. Analytics Insight)

JAKARTA - A whale from Ripple (XRP) decided to restructure its portfolio by selling all XRP holdings worth US$16 million (Rp250 billion). This step was taken after Ripple experienced great pressure due to continuous legal problems and downward trends. The investor has now shifted its investment to two assets that are considered to have brighter prospects, namely ETFSwap (ETFS) and Aptos (APT).

Ripple (XRP) has long faced pressure, especially after prices fell below 0.66 US Dollars (Rp 10,329). Analysts predict that if Ripple prices continue to fall to 0.55 US Dollars (Rp 8,607), this could trigger massive liquidation. In an effort to avoid further losses, the whale immediately released all of its XRP holdings.

According to the whale, ETFSwap (ETFS) is a promising investment opportunity, both in the short and long term. ETFSwap is a decentralized financial platform (DeFi) that allows users to buy and trade Exchange-Trade Funds (ETFs) on non-intermediate blockchains such as banks or brokers. This provides direct access for users to manage their portfolios with freedom and trading access at all times.

The platform also offers a futures trading system powered by artificial intelligence (AI) technology, which helps users in analyzing data and provides accurate investment recommendations. With this huge potential, ETFSwap managed to attract more than 600,000 people on its waiting list for its beta launch.

ETFS has also raised more than 4 million US Dollars (Rp62 billion) in the presale stage, showing strong interest from investors. Based on expert analysis, ETFSwap tokens are predicted to increase by more than 20,000%, especially after being listed on large exchanges like Binance.

In addition to ETFSwap, the whale is also eyeing Aptos (APT), a blockchain designed to support better gaming and NFT experiences. Aptos has more than 4 million users and recorded total transactions worth 1.7 billion US Dollars (Rp26 trillion). Although its value is currently down to 7.8 US Dollars (Rp122,109) from its peak of 19 US Dollars (Rp297,445), Aptos began to show signs of recovery, especially after obtaining an injection of US$350 million (Rp5.4 trillion) from institutional investors as well as partnerships with Google Cloud Web3.