Two whales (likely one entity), 0x985 and 0xb81, just unstaked and deposited all 900,985 APE ($1.04M) to Binance via the same Binance deposit address:

• transaction: 0x3ce87d5173719de3789c682fa1079fa0036ff90293709ecaa38df1149e50419c
• address 1: 0xd95c987985de723daddd5389c95d43aff05c433d
• address 2: 0xb818bb65dd036514261de82bd9538cd5323e9052
• Binance deposit: 0x2f1bbd81304169c58b93ef65effc24be854ae3cb

Notably, the whales withdrew 877,159 APE from Binance at an average price of $0.704 (estimated cost: $617K) on July 17 and September 4, 2024, then sent them to staking to earn more tokens. If truly selling now at $1.149, the whales would realize an estimated joint profit of $418K (+67.7%) after 3 months.

Overall, these two whales have completed 3 APE trades, making a net profit of $419K (+46.5%) with a win rate of 66.7%.

The APE price pumped 52.58% in the past 24 hours after the ApeChain, an Arbitrum Orbit L3 blockchain, was launched today and a large number of meme coins have been created on ApeChain.

Fig 1. The overall APE trading history of the two whales (likely one entity), 0x985 and 0xb81.