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With its uncertain future, Pullix (PLX) and Celsius (CEL) provide solace to investors looking for new alternatives amid the bankruptcy process, according to the sponsored content poster. According to the latest developments, the crypto lending protocol has made a massive transfer by executing a massive $1 billion whale transaction in Ethereum (ETH).
Uncertain future Pullix is allegedly attracting investors as its ongoing token presale moves past phase 7, according to the content creator. The project is said to be on track to raise $5 million. His team is wondering whether this particular token will be successful in scalability, it is unknown whether it will have a future or not. The project is new and its future is uncertain, and the investment carries the risk of loss.
Celsius (CEL) Brings Ethereum (ETH) to Exchanges
Recently, a large number of Ethereum (ETH) were issued by Celsius with hopes of starting to pay creditors as liquid cryptocurrency by mid-February. to the central stock exchange sent.
On January 26, several large ether transactions were completed from the Celsius Network wallet to Coinbase Prime and Paxos deposit wallets. lookonchainAccording to , 297,454 ETH worth $657 million was transferred to Coinbase. Paxos received 146,507 ETH from the same source, worth approximately $324 million. In summary, Celsius shipped over $981 million in cryptocurrency assets.
Celsius moved 443,961 ETH under the control of a different network in anticipation of a move to wallet At the time, the transaction was valued at $984 million. Currently, Celsius holds 106,039 ETH worth $236 million after sending 443,961 ETH to Coinbase and Paxos.
spotonchainAccording to , shortly after depositing $ETH to Celsius CEX, 12 new wallets withdrew 660M $ETH (296,835) from Coinbase, accounting for approximately 97.2% of the total deposited value.
The online community of Celsius creditors at X, Celsius NewCo, predicts that creditors will begin receiving liquid cryptocurrency in February does. They state that the distribution window will last a full year.
Will Pullix (PLX) Be Successful?
It is unknown whether Pullix (PLX), whose future is uncertain according to the sponsored content sender, will be among cryptocurrencies such as Celsius and Ethereum by offering an innovative revenue sharing scheme for stakeholders. As an emerging hybrid trading platform, Pullix is said to aim to combine the features of decentralized (DEX) and centralized (CEX) exchanges. Avoid making transactions in projects where you do not trust the project and its team, as it carries the risk of investment loss.
Among other things, according to the content poster, the distinctive approach that Pullix has taken to solve the long-standing liquidity problem in DeFi makes it unknown whether it can be among its peers. Additionally, the hybrid exchange is claimed to be able to offer a synergy between off-chain and on-chain trading, allowing users to easily trade FX, commodities, ETFs, options and cryptocurrencies. It is not certain, it may fail, there is a risk of investment loss.
According to the content poster, the native PLX token is also the first “earn by trading” cryptocurrency that rewards its holders based on their transactions on the site. Similarly, the PLX token is said to be able to offer its holders lower trading costs while providing access to certain assets. The future is uncertain, there is risk.
It is said that the investor may now have authorized access to $PLX as the content sender token was recently listed on the popular Coingecko platform. Over 80 million tokens have been sold and in phase 7 of the ongoing token pre-sale, Pullix has allegedly raised a total of over $4.7 million in its ICO so far.
It should also be noted that the Pullix community is growing at an explosive rate as they break one presale record after another; Each PLX token is currently selling for $0.10 in phase 7 of the pre-sale, which is claimed to have originally sold for $0.04.
Click to review Pulix token.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before investing!