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A Twitter user machibigbrother buys and acquires APE every single day. They currently have a loss of ~$4 Million and counting. They also hold dozens and transacted hundreds of APE NFTs which are down roughly 80%+ from last year

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by COINS NEWS 106 Views

A Twitter user machibigbrother buys and acquires APE every single day. They currently have a loss of ~$4 Million and counting. They also hold dozens and transacted hundreds of APE NFTs which are down roughly 80%+ from last year

The one thing you can say about this is that they truly live up to the APE moniker. This trader has been buying APE basically every day. Since Nov 2nd, they bought over $12 Million in APE which amounts to losses roughly $3.84 Million.

https://preview.redd.it/knvvip6muw0c1.png?2668&format=png&auto=webp&s=0a938a57bdc2089c1b9ecbdc40cbc3e099d84a71

They then started unstaking tons of APE recently as well, possible to sell.

Not just tokens, but the trader has also transacted hundreds of APE NFTs over the years. You don't really need to be knee-deep in crypto to know how much the value of these have fallen since last year, perhaps between 80-95%, which obviously amount to massive losses. They still hold dozens of APE NFTs in their portfolio.

https://preview.redd.it/wic7xq4tww0c1.png?962&format=png&auto=webp&s=db5d830280daeb9937a41b7ab15deb3d35d0e470

https://preview.redd.it/mo7xmvvrww0c1.png?919&format=png&auto=webp&s=a790773d8c3f594e9981caca24aea1846d2f527c

Across on Twitter, the relentless shilling of APE hasn't seemed to help pump the price and relieve the losses. But it was worth a try I guess.

https://preview.redd.it/99fpto6dxw0c1.png?611&format=png&auto=webp&s=65ddc89bf5ce58bffe4338d8bf0722477b61d63c

https://preview.redd.it/nafcnykgxw0c1.png?612&format=png&auto=webp&s=444bf26b6d5e004c2755f5687733823bf908996d

https://preview.redd.it/9yesb21ixw0c1.png?598&format=png&auto=webp&s=807b3db45780a57436783d53752c6fbc926fe2e7

https://preview.redd.it/2w12czojxw0c1.png?617&format=png&auto=webp&s=529faa968dcebde1b6ce1c0b8dc0fdf84660bcf0

To be honest, I'm almost convinced this is an insider who trying to keep APE relevant and support the price buying, but considering the types of people who buy APE this being a..."adventurous" trader is also equally likely.

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