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The post Whale Movement: $105 Million USDT Transferred From Binance – Everlodge Presents Secure Investment Option for New Investors appeared first on Coinpedia Fintech News
In what appears to be a financial maneuver, more than $105 million worth of USDT has been strategically transferred from Binance to an OKEx account, indicating notable whale movement within the cryptocurrency space. The transaction occurred in two distinct parts, with approximately $54.8 million and $50.7 million being moved within 7 hours. This substantial transfer has captured the attention of market observers, sparking discussions about potential implications for the market and investor sentiments.
Amidst this whale movement, Everlodge stands out as a symbol of security and stability, offering a reliable investment option for individuals navigating the ever-changing crypto landscape. Everlodge’s commitment to providing a reliable and secure real estate investment avenue positions it among the best crypto investments, especially in times of market adjustments. But what makes Everlodge truly exceptional?
Everlodge Is Carving a New Path for Crypto Investors, Offers Fractionalized Property Ownership
As Binance faces challenges in regaining investors’ confidence, evidenced by the recent whale movement, it is natural for investors to explore alternative destinations to allocate their capital. One such destination that has garnered significant attention is the Everlodge property marketplace. This platform offers prospective investors the opportunity to engage in fractional investments in hotels, vacation homes, and luxury villas on the blockchain.
It gets even more interesting when you find out what makes Everlodge truly unique. Being the first of its kind, the company seamlessly combines fractional vacation home ownership, timeshare models, and NFT technology. In simple terms, utilizing NFT technology, investors gain access to tokenized fractions of real-life properties, enabling them to co-own properties that would typically be out of reach in traditional settings.
At the core of this innovation is the ELDG token which doubles as both the native asset and governance token of the Everlodge ecosystem. Beyond its utility purpose in acquiring fractional shares of tokenized landed properties, investors can also stake this token for a long term reward.
However, to guarantee the security and safety of users’ investments, Everlodge adopts diverse mechanisms that includes a locked team token for two years, an eight-year locked liquidity pool, and a fully audited smart contract. This not only ensures the safety of investors’ funds but also distinguishes the platform from hyper-realistic alternatives like Decentraland.
Currently in an ongoing stage 8 presale, the ELDG token is currently priced at $0.027, exhibiting a notable increase from its initial starting price of $0.01. So far, the token has demonstrated substantial potential for impressive returns, not to mention that experts forecast a remarkable 30x rally on launch day.
Binance Woes Lingers Amidst Recent Whale Activities
Just when we thought the whole Binance saga was over, a series of whale activities proves otherwise. A Whale Alert’s recent Twitter posts reveal that more than $105 million in USDT was transferred in two consecutive transactions from Binance exchange to OKE Exchange. This development highlights that investor confidence in Binanc has not fully recovered, likely influenced by the recent legal challenges it faced in the US.
As expected, Binance (BNB)’s price has held steady within the support zone, with the current price hovering around $238. This indicates a slight decrease of just over 2% in the last 24 hours and approximately 1% over the past 7 days. While the potential impact of the whale movement on the immediate future remains uncertain, it would not be unexpected to witness similar trends unfolding in the coming days.
Meanwhile, ELDG is strategically positioning itself among the best crypto investments for investors looking in the direction of real estate.