The recent decline in the crypto market has made many investors look out for more promising alternatives. As a result, whales have been going hard on Intel Markets, choosing it over Ripple and Ethereum.

On the flip side, whales have been moving their ETH to exchanges to be traded. However, a recent report reveals that 20% of institutional investors have XRP in their wallets. 

20% of Institutional Investors Hold Ripple (XRP) 

Global professional services firm Ernst & Young (EY) shared a study where it revealed that 20% of institutional investors hold XRP in their portfolio. This, therefore illustrates that the most powerful investors cannot afford to remain indifferent to Ripple. 

At the same time, the price of Ripple coin has been ranging between $0.4 and $0.7 in the monthly time frame. The market capitalization of XRP has also been $22.5-$37.5 billion over the same period.

In terms of future price, Ripple crypto is trading between the 50-Day SMA ($0.574142) and 200-Day SMA ($0.547134). The token must cross the 50-day SMA to continue its uptrend. Failure to do so could lead to more price losses for Ripple XRP in the coming weeks.

Whale Alert Uncovers Two Large Ethereum (ETH) Transactions 

Whale Alert, the on-chain data tracker, has uncovered two large Ethereum (ETH) transfers to exchanges. The first wallet moved 13,161ETH (about $33,118,761) to Coinbase. Later on, another address moved 13,161ETH to Coinbase again.

While the reason for the transfer is unknown, this could be a preparation for a massive dump. Besides, the price movement of the Ethereum coin has been bearish for the past month. Data from CoinMarketCap shows the price of the Ethereum token has dropped by 23% on the monthly chart. 

Nevertheless, the coin's market cap continues to fluctuate around the $250-$425 billion range. The cryptocurrency must cross the 50-Day SMA ($2,983.54) to begin an uptrend. CryptoPoseidonn forecasts Ethereum price could rise to $6k b September.

Intel Markets Attracts Interest With User-Friendly Features 

Intel Markets (INTL) is a platform for crypto trading that has been designed in such a way that it links digital asset traders and the perpetual futures sector. The perpetual futures had an average daily trading volume of $100 billion as of 2022. This signal shows the sector is broad and has high liquidity. Besides, perpetual futures traders stand to gain a lot from Intel Markets. 

Some of the benefits are round-the-clock trading, high liquidity, availability of risk management tools, and high leverage of 1000x. With such features, traders using Intel Markets will enjoy smooth trades. On top of that, there is an artificial intelligence (AI) powered bot for traders available at Intel Markets which helps them stay updated with the current market situation and make money from winning trades too.

There are also advanced trading devices, e. g., enhanced graphs analysis software, real-time data tracker, and monitor. Intel Markets's INTL current value is $0.009. Analysts predict that there will be a 1,100% increase post its listing on the exchange. The presale of Intel Markets crossed $190k in only days, signaling the high interest in the project.

Why Are Whales Showing Interest in Intel Markets Over Ethereum and Ripple?

Investors are moving to Intel Markets because of the potential gain of 1,100%. Also, Intel Markets has a lot of exciting features that smart traders can use to grow their portfolios.

Discover More About Intel Markets:

Presale | Telegram | Twitter

_{Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $350. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.}