Ethereum Gains 15% In A Week Despite Whale Sell-Offs, Bullish Wave Spills To Ethereum Token On Presale
Ethereum (ETH) has surged 15% over the past week, reaching $2,640, despite whale sell-offs. Retail traders and favorable macroeconomic factors have driven the bullish wave, which has also extended to the Ethereum-based token- IntelMarkets (INTL). Currently, INTL is in its public presale phase and has already delivered 100% gains in Stage 1.
IntelMarkets is setting new standards in crypto trading with 1000x leverage. Let’s discover more!
A Bullish Wave Pushes ETH Up 15% in a Week Despite Whale Sell-OffEthereum has surged over 15% in the past seven days and reached around $2,600 on September 25, 2024, amid a bullish wave. Meanwhile, Ethereum’s market cap is valued at $316 billion, with a daily trading volume of just over $16 billion.
However, there was a notable sell-off by large holders. IntoTheBlock showed Ethereum’s net flows from whales dropped from 85,650 ETH to 6,420 ETH by September 23. This suggests that retail traders were the primary drivers of Ethereum’s price rally.
The price increase took Ethereum from $2,300 to $2,640 and touched a local high of $2,685—a level not seen for over a month. Exchange data indicated a net inflow of approximately $480 million in ETH over the past week.
The inflow of Ethereum into centralized exchanges also cooled down after a spike on September 19. Ethereum’s bullish wave appears to have been fueled in part by macroeconomic factors, specifically the U.S. Federal Reserve’s 50 basis-point rate cut.
Amid these developments, an Ethereum token–INTL, has a bullish wave in its presale, offering investors a 100% profit in stage 1. Investors are aggressively accumulating INTL for its projected impressive returns.
AI-Powered IntelMarkets Sets New Standard in Crypto TradingIntelMarkets built the first AI-powered platform, integrating artificial intelligence across all levels. The platform features trading robots that self-learn from mistakes and real-time data.
Self-learning trading robots, powered by Rodeum AI, continuously adapt to trading behavior, helping users manage risk and automate profit-taking.
One of its strengths is delivering deep market insights, analyzing over 100,000 crypto assets from 1,000 sources. Traders can make better trading decisions based on real-time data and trends. This allows for effective trade management and staying ahead of market movements.
Furthermore, IntelMarkets’ perpetual futures contracts, which have no expiration date, provide traders flexibility to maintain positions indefinitely. Traders can take action by looking at the market conditions.
Traders can capitalize on price fluctuations in real-time by analyzing market trends and technical indicators, using perpetual contracts to profit in bullish and bearish conditions. IntelMarkets encourages informed speculation without the constraints of fixed expiration dates.
In addition, IntelMarkets offers copy trading, where users can replicate the trades of its expert in-house team with a proven track record. Traders profit from expert strategies while automating complex tasks like capital allocation.
IntelMarkets is a go-to choice for many traders. Its platform has all the requirements for successful trading. That’s why experts say it will rule the crypto trading market in the near future.
The INTL Presale Gains Momentum With 1000x LeverageThe INTL public presale has already raised nearly $500,000 and sold over 12.3 million tokens in Stage 2. Priced at $0.018 in Stage 2, its tier-based rewards and ongoing 50% buy bonus offer additional value to investors.
IntelMarkets has a robust security audit that assures safety with quantum-proof protocols and transparent holdings. With a projected launch price of $0.11, INTL presents 1,100% growth by the end of the presale.
IntelMarkets also offers leverage options of up to 1000x, giving traders the chance to maximize their portfolios. As Stage 2 nears completion and the next round price is set at $0.027, analysts believe now is the ideal time to buy INTL. Buy INTL now and ride the bullish wave!
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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