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ApeCoin project owner is suspected of selling tokens through Wintermute or further market making

ApeCoin project owner is suspected of selling tokens through Wintermute or further market making

CointimeCointime2024/10/22 02:42
By:Cointime

@ai_9684xtpa reported that half an hour ago, the ApeCoin team transferred 3.28 million APE coins, worth $5.13 million, to the Wintermute OTC address. The tokens have since been deposited into Binance. Wintermute was already an APE market maker, and recently trading has been extremely frequent, while APE has almost doubled in the past seven days and is currently priced at $1.56.

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