Giant Whale’s New Prey Is This Metaverse Coin!

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  • A huge whale on the Ethereum chain has over $3 million in wallet ApeCoin (APE) While adding, SHIB remains the largest asset in terms of USD value.

On-chain data tracking platform WhaleStats, which tracks the top 100 crypto wallets on Ethereum, BNB Chain and other networks, shared that whales continue to buy Ethereum-based trending metaverse coin ApeCoin.

Whale bought nearly a quarter billion APE and the metaverse cryptocurrency has since become the most traded token on the ETH chain.

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SHIB whale “Bonobo” buys 215,000 APE

Crypto wallet “Bonobo” purchased a total of 214,996 APEs worth $3,212,043; This transaction took place about 24 hours ago.

The giant wallet ranks fifth among the top 100 ETH addresses and is the whale’s biggest asset. FTX TokenIt seems like. FTT accounts for 67.45 percent of the whale’s portfolio. Also popular cryptocurrencies with stablecoins USDT and USDC pegged to the crypto wallet Chainlink (LINK) and Wrapped Bitcoin (WBTC) contains.

According to WhaleStats, Wrapped Bitcoin (WBTC) on the Ethereum chain has also taken its place among the cryptocurrencies that are frequently bought in the last 24 hours.

Became the most traded token

According to the homepage of the WhaleStats website, APE is listed as the most traded ETH-based digital currency among whales on Ethereum, the second largest blockchain. The total amount of APE held by ETH investors stands at 2,545,824 APE tokens worth $34,966,709, making up 0.52 percent of the total investment.

SHIB, on the other hand, continues to maintain its position as the largest crypto holding by US dollar value. The whales hold 47,026,282,691,896 Shiba Inu (SHIBs) worth a total of $953,349,550.

APE fell 17 percent, affected by Bitcoin drop

The rest of the crypto market is facing a bloodbath as Bitcoin slumps into a price zone of $36,400 following the historic rate hike by the Fed (the biggest in 22 years).

According to data provided by CoinMarketCap, APE has dropped nearly 17% in the last 24 hours following the market downtrend and is changing hands at $13.42, losing $16 from its May 5 level.

You can check the price movements here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.


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