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HomeCryptocurrency News TodayEOS Price Predictions 2018: Remarkable move at EOS days before to mainnet...

EOS Price Predictions 2018: Remarkable move at EOS days before to mainnet opening

There was a remarkable movement before the network opening at EOS soon. A buyer who was not known yesterday joined EOS token sales by sending about 30,000 ETHs, worth $ 18 million from a single purse.

As is known, EOS will soon move from its current block of Ethereum to its own block chain. EOS ‘main network will go live on June 2nd, as everything is planned.

EOS followed a different path from many other projects, pushing the ICO process up to a full year. ICO has been on the platform for 1 year. Token sale will end in 7 days. It was a remarkable move at EOS when the token sales were approaching its final days and before network opening.

Sent 30,000 Ether from one wallet

A buyer who was not known yesterday joined EOS token sales by sending about 30,000 ETHs, worth $ 18 million from a single purse . The process can be viewed at this address .

Instead of participating in token sales, EOS can also be bought through stock exchanges. However, there may not be sufficient liquidity in the stock market for such a gigantic purchase. Also, a purchase at this size would probably have cost at least 2 times the price of EOS.

The buyer chose to participate in the token sale instead of buying the EOS from the stock market, probably for these reasons. This purchase of 30,000 ETH is also interpreted as the buyer expecting a significant price increase at EOS before the main network opening. But such a possible move is also directly linked to Bitcoin’s price movements.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
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