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Three Whales’ Massive Purchase of APEs Signal Growth Potential for Binance

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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 U…

Three Whales Massive Purchase of APEs Signal Growth Potential for Binance

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

Interpretation of the news:


The recent report from Lookonchain, a website that monitors the cryptocurrency market, reveals that three giant whales have made a significant purchase of 1.6 million APEs from Binance, pledging them for future gains. The total worth of the purchased APEs amounts to approximately US $8.5 million. The whales identified were the addresses beginning with 0x09BC, 0xb0ec, and 0x3A51, each purchasing a substantial amount of the cryptocurrency at different prices.

The address beginning with 0x09BC made the most massive purchase, buying 750,954 APEs worth around US $3.87 million at a price of approximately US $5.16. The second significant purchase was made by the address starting with 0xb0ec, which purchased 663,681 APEs worth around US $3.62 million at a slightly higher price of about US $5.45. Lastly, the address commencing with 0x3A51 bought 187,890 APEs worth approximately US $1 million at the cost of about US $5.3.

The purchase of such significant amounts of APEs by these whales indicates that they believe in the growth potential of the cryptocurrency. It also indicates that Binance is a reliable platform to invest in, making it a preferred choice for these whales. The fact that these whales pledged their tokens further bolsters the idea that they are optimistic about the cryptocurrency’s future value.

APEs, or the Asia Pacific Exchange, is a cryptocurrency that provides buyers with access to multiple cryptocurrency pairs, spot trading, margin trading, and futures trading. The currency has seen significant growth in recent months, with its value increasing by over 500% in the past year alone.

In conclusion, the recent purchase of 1.6 million APEs by three whales is a positive sign for the growth potential of Binance and APEs. It indicates that investors have faith in the cryptocurrency and believe in its future value. Additionally, it shows the faith that these investors have placed in Binance as a reliable platform. This purchase could have a positive impact on the currency’s future value and attract more investors to the market.

Overall, the cryptocurrency market continues to show significant potential, and APEs seem to have a promising future ahead of them. It will be interesting to see how this investment by these whales will affect the cryptocurrency’s growth in the coming months.

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