May 8, 2025

ApeCoin Sell-Off Follows ApeChain Launch, Triggering Price Correction

1 min read

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

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