đš ApeCoin Dump or Liquidity Play? Wintermute in Action đ
Just 30 minutes ago, the ApeCoin team transferred 3.28 million $APE (worth $5.13 million) to Wintermuteâs OTC addressâand the tokens are now sitting on Binance.
Whatâs Going On?
âą Wintermute, the official market maker for $APE, has been extremely active lately.
âą $APEâs price nearly doubled in the past seven days, now sitting at $1.56.
This move raises two big questions:
1. Are they offloading APE while the price is up?
2. Or is Wintermute preparing for more liquidity management on Binance?
With the increased trading volume and APEâs surge, the timing couldnât be more suspicious. Dumping, or prepping for the next pump?
Watch closelyâthis could go either way. Stay sharp, brothers, the market never sleeps.