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Although ApeCoin, which was released in 2022 by Yuga Labs, the company behind the board Ape Yacht Club, revived with ApeChain after a major decline, top-buying investors are looking for escape routes. are Despite the increase, one whale sold its APE tokens at a loss of $1 million.
APE, which has gained more than 100% in the last 2 days, has crossed $1.5. The token increase, which attracted a lot of attention with the launch of ApeChain, was seen as an escape for a whale that had suffered severe losses.
The whale, which spent $2.2 million and bought 582 thousand APEs in 2023, also earned 208 thousand APEs. Nevertheless, he sold at a serious loss and lost the token completely. The man who sold a total of 790,000 APE units earned $1.1 million. The average purchase price for the wheel, which sold for about $1.50 today, was $3.85.
The chart below shows the period during which whales purchased APE tokens. APE retreated with yesterday’s bitcoin decline and was trading at $1.46 at the time of writing.
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