Pullix Executes $1 Billion Ethereum Transaction Amidst Celsius Bankruptcy
Pullix (PLX) has provided a new alternative for investors amidst the Celsius (CEL) bankruptcy ordeal by executing a substantial whale transaction, transferring $1 billion worth of Ethereum (ETH).
Celsius Moves $1 Billion in Ethereum to Exchanges
In January, Celsius sent a significant amount of Ethereum (ETH) to multiple centralized exchanges, raising hopes that it will begin paying back creditors in liquid cryptocurrency by mid-February. A total of over $981 million worth of cryptocurrency assets were transferred to Coinbase Prime and Paxos deposit wallets.
Pullix (PLX): An Innovative Hybrid Trading Platform
Pullix (PLX) is an emerging hybrid trading platform that aims to bring together the best attributes of decentralized (DEX) and centralized (CEX) exchanges. It offers a unique revenue-sharing scheme for stakeholders and addresses liquidity issues in DeFi. The platform also enables users to trade various assets easily, including FX, commodities, ETFs, options, and cryptocurrencies. The native PLX token rewards holders based on their transactions on the site and provides access to specific assets with lower trading costs.
Successful Token Presale for Pullix (PLX)
With over 80 million tokens sold and raising a total of over $4.7 million in its ICO, Pullix has been attracting more investors as its ongoing token presale advances through the 7th stage. Each PLX token currently sells for $0.10.
Hot Take: Pullix Offers New Opportunities Amidst Celsius Bankruptcy
Pullix’s execution of a $1 billion Ethereum transaction demonstrates its potential as an alternative for investors during the Celsius bankruptcy ordeal. With its innovative hybrid trading platform and unique revenue-sharing scheme, Pullix aims to address liquidity issues in DeFi and provide a seamless trading experience for users. The success of its token presale further showcases the growing interest in the project. As Celsius moves funds to exchanges in preparation for creditor repayments, Pullix emerges as a promising option for investors seeking new opportunities in the crypto market.
Owen Patter is a distinguished crypto analyst, accomplished researcher, and skilled editor, leaving a notable imprint on the cryptocurrency landscape. As a proficient crypto analyst and researcher, Owen delves into the intricate realms of digital assets, offering insights that resonate with a diverse audience. His analytical acuity is harmoniously paired with adept editorial skills, allowing him to transform complex crypto information into easily comprehensible content.