A wallet holding APE worth US$4 million began to continue buying BAYC from the market yesterday.
According to data disclosed by Arcade.xyz advisor Cirrus on social media shows that a wallet holding $4 million worth of APE began buying "Bored Ape Yacht Club" (BAYC) from the Blur platform yesterday. Cirrus analyzed that this move may be in response to a proposal previously initiated by Huang Licheng, intending to use $24 million worth of ApeCoin DAO treasury funds to bid for BAYC, MAYC, CryptoPunks, and other digital collectibles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
