On-chain data provider WhaleStats, which tracks the largest Ethereum and BNB Chain whales, shows that whales continue to buy trending Ethereum coin ApeCoin(APE). Along with APE, whales are accumulating in LINK, FTT and a range of altcoins…
A huge ETH whale bought 215,000 APE as Apecoin took the top spot
Whale had bought nearly a quarter billion APE and APE It has since become the most traded token on the Ethereum network. Behind the transactions, the whale “Bonobo” bought 214 996 APEs for a total value of $3,212 043. A little over 21 hours have passed since the transaction took place. In terms of popularity, this wallet ranks fifth among the top 100 Ethereum whales, and the FTX Token is the wallet’s most valuable asset. FTT accounts for 67.45% of the portfolio value. It also accumulates stablecoins such as USDT and USDC, as well as popular cryptocurrencies such as LINK, WBTC and others. According to data provided by WhaleStats, Bonobo has also made regular purchases in Bitcoin (WBTC) wrapped in the Ethereum Blockchain over the past 24 hours.
APE remains the most traded token
WhaleStats data reveals that on Ethereum, the world’s second largest blockchain, whales transact the most in Apecoin. The total amount of APE held by ETH whales is 2,545,824 APE worth $34,966,709, 0.52% of the total amount of APE retained. The Shiba Inu (SHIB), on the other hand, is the whales’ largest token position in terms of dollar value. The whales hold Shiba for a total of $953,349,550, which equates to 47,026,282,691,896 SHIB.
APE fell 17% as a result of the decline in Bitcoin
Federal Reserve (first in 22 years) After the historic interest rate decision, Bitcoin fell below the $36,000 zone and dragged the rest of its market with it. According to data provided by CoinMarketCap, the APE price has lost more than 15% in the last 24-hour timeframe. It is now trading at just over $13.00, down from $16 on May 5.
The ApeCoin community recently voted on three proposals regarding staking and governance reform. We have covered all the details in this article.
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