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ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction


by Coin Edition
for CoinEdition
ApeCoin Faces Sell-Off to Wintermute OTC, Leading to Price Correction
  • ApeCoin (APE) whales have sold off millions of tokens following the ApeChain launch, contributing to a price correction.
  • Large APE transfers to Wintermute Trading OTC and OKX suggest a potential shift in market sentiment.
  • Despite the recent hype around ApeChain, ApeCoin’s price has declined, and technical indicators hint at a possible consolidation phase.

ApeCoin is on the move across multiple wallets, suggesting a sell-off that may be driving the recent price correction.

A dormant wallet associated with ApeCoin transferred 4.58 million APE ($5.22 million) to Wintermute Trading OTC, marking one of several notable outflows following the ApeChain launch four days ago. 

The price jumped after the ApeChain launch, leading to high-value transactions involving three major wallets that first received APE from the ApeCo…

The post ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction appeared first on Coin Edition.

Read the article at CoinEdition

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Cardano (ADA) Price Prediction for July 13, 2025: ADA Pulls Back From $0.74 as Bulls Defend $0.68 Support

Cardano (ADA) Price Prediction for July 13, 2025: ADA Pulls Back From $0.74 as Bulls Defend $0.68 Support

After a sharp rally that pushed Cardano price to a recent peak of $0.7678, the market...
Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3%...

ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction


by Coin Edition
for CoinEdition
ApeCoin Faces Sell-Off to Wintermute OTC, Leading to Price Correction
  • ApeCoin (APE) whales have sold off millions of tokens following the ApeChain launch, contributing to a price correction.
  • Large APE transfers to Wintermute Trading OTC and OKX suggest a potential shift in market sentiment.
  • Despite the recent hype around ApeChain, ApeCoin’s price has declined, and technical indicators hint at a possible consolidation phase.

ApeCoin is on the move across multiple wallets, suggesting a sell-off that may be driving the recent price correction.

A dormant wallet associated with ApeCoin transferred 4.58 million APE ($5.22 million) to Wintermute Trading OTC, marking one of several notable outflows following the ApeChain launch four days ago. 

The price jumped after the ApeChain launch, leading to high-value transactions involving three major wallets that first received APE from the ApeCo…

The post ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Cardano (ADA) Price Prediction for July 13, 2025: ADA Pulls Back From $0.74 as Bulls Defend $0.68 Support

Cardano (ADA) Price Prediction for July 13, 2025: ADA Pulls Back From $0.74 as Bulls Defend $0.68 Support

After a sharp rally that pushed Cardano price to a recent peak of $0.7678, the market...
Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3%...