Three Whales Purchase 1.6 Million APEs from Binance and Pledge Them

02/17/2023 07:24 • Blockchain Buzz • 140 views

It is reported that, according to the monitoring of Lookonchain, in the past seven days, three giant whales have purchased a total of 1.6 million APEs (about US $8.5 million) from Binance and pledged them. Among them, the address beginning with 0x09BC purchased 750954 APEs at a price of about US $5.16 (worth about US $3.87 million). The address beginning with 0xb0ec purchased 663681 APEs (worth about $3.62 million) at a price of about $5.45. The address beginning with 0x3A51 purchased 187890 APEs (worth about US $1 million) at a price of about US $5.3.

In the past seven days, three giant whales have purchased nearly US $8.5 million of APE and pledged

Interpret the above information:

A recent report by Lookonchain has revealed some interesting activity in the cryptocurrency market, particularly regarding APEs. The report indicates that in the past seven days, three whales purchased a total of 1.6 million APEs from Binance, pledging them in the process. The purchases were significant, with a total value of approximately US $8.5 million, indicating that the whales are making a substantial investment in APEs.

The purchases were made by three different addresses, each of which had a significant impact on the market. The address beginning with 0x09BC was the highest purchaser, buying 750954 APEs at a price of about US $5.16 per APE, which is worth about US $3.87 million. The second address that made significant purchases was the one beginning with 0xb0ec. This address purchased 663681 APEs, which is worth about $3.62 million, at a price of about $5.45 per APE. Finally, the third address that made a substantial purchase was the one beginning with 0x3A51, which purchased 187890 APEs, worth about US $1 million, at a price of about US $5.3 per APE.

The whales’ purchasing activity is noteworthy because it has the potential to impact the cryptocurrency market. When large-scale investors such as whales make significant purchases, they can cause the market to fluctuate. In this case, the purchases made by these three whales have the potential to influence the APE market’s price and demand.

The monitoring of Lookonchain has brought to light the sheer scale of investment being made in APEs in recent weeks. This trend could indicate confidence in the APE market and the broader cryptocurrency market, which has seen a recent surge in popularity. However, it is worth keeping an eye on the market to see how these whales’ buying activity will impact it going forward.

In conclusion, the recent purchases of APEs by three whales underscore the importance of monitoring of cryptocurrency trading. The monitoring of Lookonchain has revealed a significant volume of investment in APEs by these whales. The purchase of 1.6 million APEs, valued at approximately $8.5 million, has the potential to impact the market, and it will be interesting to see how this activity will shape the market’s performance in the coming weeks.

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Three Whales Purchase 1.6 Million APEs from Binance and Pledge Them

In the past seven days, three giant whales have purchased nearly US $8.5 million of APE and pledged

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