- Lookonchain revealed in an X post today that Machi Big Brother purchased 2.24 million APE over the past 24 hours.
- According to the post, this particular whale has been purchasing APE everyday since 2 August 2023.
- From a technical perspective, APE was attempting to break out of a medium-term negative price channel.
Lookonchain, the on-chain monitoring platform, revealed in an X (formerly Twitter) post today that a whale has been purchasing ApeCoin (APE) regularly over the past few weeks. According to the post, Machi Big Brother has purchased APE everyday since 2 August 2023. Lookonchain also shared that the whale has purchased a total of 4.73 million APE during this period.
Machi Big Brother(@machibigbrother) has been buying $APE almost every day since Aug 2, with a total of 4.73M $APE ($7.43M, the average cost is $1.57).He spent 1,761 $ETH($2.89M) and 52K $USDC to buy 2.24M $APE($2.94M).
And withdrew 2.5M $APE($4.49M) from #Binance. pic.twitter.com/WU6F3TZN97
— Lookonchain (@lookonchain) October 17, 2023
Most recently, Machi Big Brother spent 1,761 Ethereum (ETH), valued at $2.89 million, and 52K USD Coin (USDC) to buy 2.24 million APE. Lookonchain’s dat…
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