⚡️ APE Investment Sees 'Whale Stranded': Millions of Dollars Vanished, Staking Increase Still Fails to Escape Huge Losses!
💥 Whale Investment in APE Loses Millions 💥
Investment Overview: Recently, BlockBeats learned from Lookonchain that a certain whale address has encountered significant losses in APE (a type of cryptocurrency).
Operation Details: This whale had purchased 582,000 APE at a unit price of $3.85 in 2023, totaling approximately $2.24 million, and had staked the coins.
However, despite APE's price surging over 100% in the last two days, the whale still could not avoid losses when selling.
Severe Losses: After the price increase of APE, the whale sold all 790,000 APE (including 208,000 in staking rewards) at a loss, with final returns of only $1.18 million. Compared to the initial investment, the loss reached $1.06 million, with a loss ratio of 47%.
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