While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply
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While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply

THELOGICALINDIAN - During the aftermost two weeks statistics appearance the new crypto asset committed to the Bored Ape Yacht Club association BAYC apecoin APE has climbed added than 50 adjoin the US dollar A few canicule ago apecoin broke an alltime aerial at 1730 per assemblage and the crypto asset is now the 32nd better in agreement of bazaar assets amid 13691 added cryptocurrencies Data additionally shows out of the 48570 APE holders theres a ample absorption of apecoin whales

A Large Concentration of Apecoin Whales

The BAYC-infused apecoin (APE) has been a accepted crypto activity anytime back the bread activity was alien and millions of bill were airdropped to NFT holders. More specifically, the holder’s NFTs acquired from the BAYC, Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC) collections.

According to statistics, the antecedent airdrop aimed to administer 150 actor APE and to date, 140,725,540 APE has been claimed. Data shows there’s 284,843,750 APE currently in apportionment amid 48,570 APE holders. Looking at the apecoin (APE) affluent list via coincarp.com shows that out of all the APE in circulation, there’s a ample absorption of apecoin whales.

For instance, the top ten APE holders aegis 9.16% of the 284.84 actor APE in circulation, which equates to 26,091,687.5 apecoin. The top 20 holders currently accept 14.16% of the APE in apportionment beneath their ascendancy which is 40,333,875 APE. Data added shows the top 50 APE holders command 29.16% of the APE in circulation, which equates to 83,060,437.5 apecoin. Moreover, the top 100 APE wallets authority 52.36% of the APE accumulation today.

The 100 holders represent 0.20% of the 48,570 APE holders today. In fact, the top abode holds 30,305,548 APE which is 3.03% of the accepted supply. The second-largest APE abode holds 10,833,332 APE or 1.08% of the apecoin in circulation.

3% of All APE Trades Settled on Binance, 42% of All APE Trades Are Paired With Tether

Presently, APE is alone 4% abroad from before the token’s best aerial and the bread has apparent $1.87 billion in 24-hour trading volume. Apecoin has the better abundance of barter aggregate on the decentralized barter (dex) belvedere Uniswap. In agreement of dex platforms, APE is additionally arresting on Sushiswap, 1inch, and 0x Native, respectively.

Binance is the best alive centralized crypto barter trading APE today as the crypto’s top brace is tether. At the time of writing, USDT represents 42.26% of all APE trades worldwide. Over 3% of all the apecoin (APE) barter aggregate has been acclimatized on Binance. Meanwhile, because of apecoin’s contempo amount high, the hashtag #APECOIN is trending on Twitter this weekend.

What do you anticipate about the ample absorption of apecoin whales? Let us apperceive what you anticipate about this accountable in the comments area below.

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