Dormant ApeCoin Wallet Transfers $5.22M to Wintermute OTC

10/24/2024 2:36:22 AM

According to Spot On Chain, a previously inactive wallet linked to ApeCoin has transferred 4.58 million APE, valued at $5.22 million, to Wintermute Trading OTC just three hours ago. This movement follows a significant 143% surge in APE's price after the launch of ApeChain four days prior. Additionally, three wallets that previously received APE from the ApeCoin distributor in 2022 have moved a total of 12.47 million APE, worth $17.54 million, indicating potential strategic repositioning by major holders. (Source)

ApeCoin Spot On Chain APE ApeChain Wintermute Trading

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