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ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3. ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services.
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APE Insider Loses $194K, Closes $4.58M LDO Long Position
According to Lookonchain monitoring, an APE insider has closed a long position of 10.26 million LDO (worth approximately $4.58 million), realizing no profit and incurring a loss of around $194,000.
ApeCoin: To Transfer More Game Control to the Community, Blackbeard’s Bounty Season 3 Concludes
ApeCoin announced on the X platform that the Blackbeard’s Bounty quest has officially ended, but the functionality for users to create and complete bounty tasks will continue to be available. ApeCoin also disclosed that with the conclusion of this season, more game control will be handed over to the community, and future development directions will be decided jointly by players, encouraging users to continue participating in ecosystem building and content creation.The APE token has recently experienced increased volatility, currently trading at $0.1508, up 49.66% over the past seven days. The current circulating supply is 752,651,515 tokens, corresponding to a market capitalization of $114,223,206. Additionally, over the past 24 hours, APE contract trading volume was approximately $204,677,307, while open interest during the same period stood at around $64,119,279, reflecting continued adjustment in market leverage levels.
APE-related insider addresses continue accumulating long positions in LDO, with holdings reaching 10.26 million tokens.
According to on-chain analytics platform Lookonchain (@lookonchain), an insider APE-related address has further increased its long position in LDO, currently holding a total of 10.26 million LDO long contracts, valued at approximately $4.58 million at the current price.
Suspected APE insider goes long on LDO with floating profit of approximately $300,000
according to Lookonchain monitoring, an address suspected of being associated with APE insider trading has gone long on LDO, currently holding a cumulative floating profit of approximately $300,000.Among them, one associated wallet has closed its LDO long position, realizing a profit of about $50,000; another wallet still holds a long position of 5.96 million LDO, with a position value of approximately $2.65 million, currently showing a floating profit of about $250,000.
A suspected insider trader opened a long position on LDO, previously profiting $2.27 million in a single day trading APE
according to Lookonchain monitoring, a suspected insider trader used 2 wallets to open a long position on 5.57 million LDO at 5x leverage, with a value of $5.16 million. Previously, they profited $2.27 million in a single day by going long on APE.