The Whale Of This Altcoin Transferred A Large Amount Of Coins To Binance!

Apecoin (APE) Trader alias Machi Big Brother, one of the well-known whales of the Bored Ape Yacht Club ecosystem, and its associated collection, has made a significant share of the massive amount of APE altcoins he staked 40 days ago. cryptocurrency moved the exchange to Binance.

Famous ApeCoin (APE) Altcoin Whale Transfers Large Amount of Tokens to Cryptocurrency Exchange Binance

Whale account sent 244,619 APE tokens staked to Binance. The total value of the tokens at the time of this writing was $1.28 million. However, the whale account still has 1.8 million APE tokens that are locked by staking. The total value of these tokens is approximately $9.5 million at today’s exchange rates.

On-chain data showing the transfers made by the APE altcoin whale to Binance.

Your whale account Ethereum currently approximately 9 million in its based wallet USDC, 1.5 million USDT and worth approximately $13,000 Wrapped Ether (WETH) exists.

The move of the trader, nicknamed Machi Big Brother, has sparked some questions and speculation among investors and traders in the APE ecosystem. Some suggest that the trader may want to liquidate some of his holdings, while others believe he may be planning to use the funds for further investments.

It is not yet clear whether this will be a positive or negative development for the APE ecosystem, but it is clear that this move by Machi Big Brother is a must watch for those interested in the APE market.

*Not investment advice.

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