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MainNewsApeCoin Sell...

ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction


Oct, 24, 2024
< 1 min read
by Coin Edition
for CoinEdition
ApeCoin Faces Sell-Off to Wintermute OTC, Leading to Price Correction
  • ApeCoin (APE) whales have sold off millions of tokens following the ApeChain launch, contributing to a price correction.
  • Large APE transfers to Wintermute Trading OTC and OKX suggest a potential shift in market sentiment.
  • Despite the recent hype around ApeChain, ApeCoin’s price has declined, and technical indicators hint at a possible consolidation phase.

ApeCoin is on the move across multiple wallets, suggesting a sell-off that may be driving the recent price correction.

A dormant wallet associated with ApeCoin transferred 4.58 million APE ($5.22 million) to Wintermute Trading OTC, marking one of several notable outflows following the ApeChain launch four days ago. 

The price jumped after the ApeChain launch, leading to high-value transactions involving three major wallets that first received APE from the ApeCo…

The post ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition
Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

The altcoin market that has been overshadowed by Bitcoin dominance of late, might jus...
Apr, 05, 2025
< 1 min read
by CoinEdition
MainNewsApeCoin Sell...

ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction


Oct, 24, 2024
< 1 min read
by Coin Edition
for CoinEdition
ApeCoin Faces Sell-Off to Wintermute OTC, Leading to Price Correction
  • ApeCoin (APE) whales have sold off millions of tokens following the ApeChain launch, contributing to a price correction.
  • Large APE transfers to Wintermute Trading OTC and OKX suggest a potential shift in market sentiment.
  • Despite the recent hype around ApeChain, ApeCoin’s price has declined, and technical indicators hint at a possible consolidation phase.

ApeCoin is on the move across multiple wallets, suggesting a sell-off that may be driving the recent price correction.

A dormant wallet associated with ApeCoin transferred 4.58 million APE ($5.22 million) to Wintermute Trading OTC, marking one of several notable outflows following the ApeChain launch four days ago. 

The price jumped after the ApeChain launch, leading to high-value transactions involving three major wallets that first received APE from the ApeCo…

The post ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition
Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

The altcoin market that has been overshadowed by Bitcoin dominance of late, might jus...
Apr, 05, 2025
< 1 min read
by CoinEdition