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.
According to on-chain analyst Onchain Lens (@OnchainLens), the U.S. government has transferred approximately $1.9 million worth of assets and 2.656 million DAI—seized from FTX/Alameda—to Coinbase. The transferred assets include UNI, RNDR, SAND, MASK, AXS, and APE.
According to on-chain analytics platform Lookonchain (@lookonchain), the "$APE insider" — who previously made $2.27 million in a single day — has re-entered the market, opening a long position of 8.69 million $LDO with 5x leverage, valued at approximately $3.72 million. Notably, this trader had previously opened a long position of 10.26 million $LDO (valued at $4.58 million) on the same asset, but exited with a loss of $194,000.
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.
Odaily Yuga Labs CEO Michael Figge announced on X that the team will implement several adjustments to ApeCoin. Previously, due to regulatory uncertainty, Yuga Labs and ApeCo adopted a parallel coordination model, which resulted in lower efficiency. As the regulatory environment evolves, the team has decided to simplify the structure and eliminate the independent ApeCo lead role. ApeCo Lead Cam will depart, while the ApeChain core technology and BD teams will collaborate directly with Yuga Labs. Certain other team members will also be leaving, with the transition set to be completed by June 5.
According to on-chain analyst Onchain Lens (@OnchainLens), the U.S. government has transferred approximately $1.9 million worth of assets and 2.656 million DAI—seized from FTX/Alameda—to Coinbase. The transferred assets include UNI, RNDR, SAND, MASK, AXS, and APE.
: According to an official announcement, Binance will update the collateral ratio and tiered collateral ratio for assets such as UNI, ENA, RAY, APE, and ZEC under the Portfolio Margin at 06:00 UTC on May 15, 2026. Additionally, at 06:30 UTC on May 15, 2026, Binance Futures will adjust the leverage and margin tiers for several USDⓈ-M perpetual contracts, including NAORISUSDT, ARCUSDT, and MUSDT. Existing positions will be affected, and users need to make adjustments in advance.
According to on-chain analytics platform Lookonchain (@lookonchain), the "$APE insider" — who previously made $2.27 million in a single day — has re-entered the market, opening a long position of 8.69 million $LDO with 5x leverage, valued at approximately $3.72 million. Notably, this trader had previously opened a long position of 10.26 million $LDO (valued at $4.58 million) on the same asset, but exited with a loss of $194,000.
According to CoinDesk, the floor price of Bored Ape Yacht Club (BAYC) NFTs has risen from approximately 5 ETH to over 10 ETH in the past month, while ApeCoin (APE) rebounded from below $0.10 to around $0.16 during the same period, with trading volume notably expanding. Meanwhile, repeated security vulnerabilities and persistently declining yields in the DeFi sector have driven some capital toward the NFT market. The financialization trend of NFTs is also intensifying: a recent $2.8 million loan collateralized by a CryptoPunk attracted widespread attention, with the lender expected to earn roughly $138,000 in interest over 90 days. Blue-chip collections such as Pudgy Penguins have also strengthened concurrently, and market expectations surrounding a potential token launch by OpenSea have further boosted sentiment.
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.