In the past week, the value of $APU has plummeted by nearly 40%. Despite this sharp decline, data from iCrypto reveals that Smart Money investors are actively purchasing $APU.
One notable transaction comes from Wallet 0x6901. Three days ago, this wallet acquired 40 million $APU tokens, valued at approximately $37.56K.
This wallet has a win rate of 57.14% and has previously made significant profits with $APU, amounting to $547K, representing a 112% return.
Currently, $APU is the top holding in this wallet’s portfolio, with a staggering 3.96 billion $APU tokens worth about $2.3 million.
More Notable Whale Wallets Acquire $APU Token
Another significant purchase was made by Wallet 0x9b43. Two days ago, this wallet bought 176.43 million $APU tokens for around $109.73K.
With a win rate of 36.51%, this wallet has also seen success with other tokens, including $PRIME, generating $344K in profits, and $TRUMP, with $173K in gains. Like Wallet 0x6901, $APU is the largest holding in Wallet 0x9b43’s portfolio, totaling 176.43 million $APU tokens, valued at $109.73K.
$APU Update: Smart Money's Accumulation behavior in the past 7D 🤔
Over the past 7 days, $APU has dropped nearly 40%. Despite the significant price decline, Smart Money has been actively buying $APU: https://t.co/zbUfDgw4Nl
Some notable wallets are fully in thread 🧵👇 pic.twitter.com/F2lb5Z0nAO
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 31, 2024
These transactions highlight a continued confidence in $APU among experienced investors, even amid significant price drops. The substantial holdings of $APU in these wallets suggest a strong belief in the token’s potential for recovery and growth.
As $APU remains the top asset in their portfolios, the actions of these Smart Money wallets could indicate a bullish outlook on the token’s future performance. Investors will be watching closely to see if this buying trend continues and if $APU can rebound from its recent losses.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: kebox/123RF // Image Effects by Colorcinch
