The ApeCoin project team is suspected of selling tokens or further market making through Wintermute
According to monitoring by @ai_9684xtpa, half an hour ago, the ApeCoin team transferred 3.28 million APE to the Wintermute OTC address, valued at 5.13 million US dollars. The tokens have since been deposited into CEX. Wintermute is already a market maker for APE and has seen extremely frequent trading recently. Meanwhile, APE has nearly doubled in value over the past seven days and is currently priced at $1.56.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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