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APE Flipped WETH As The Most Traded Token Among Top ETH Whales By CoinEdition

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ETH’s Price Will Likely Retrace Before Another Attempt at $1,700

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© Reuters APE Flipped WETH As The Most Traded Token Among Top ETH Whales

  • Apecoin (APE) has flipped WETH as the most traded token among the top 500 ETH whales.
  • APE is currently trading hands at $4.26 after a 0.47% price decrease.
  • WETH is also currently trading in the red after the bearish week.

The well-known crypto whale tracking platform, WhaleStats, took to Twitter this morning to share some new data about the trading habits of some of the largest (ETH) whales. According to the post, Apecoin (APE) has flipped WETH as the most traded token among the top 500 ETH whales.

APE / US 1D (Source: TradingView)

CoinMarketCap indicates that APE is one of the many cryptocurrencies trading in the red after a very bearish past week. APE is currently trading hands at $4.26 after a 0.47% price decrease over the last day. APE was also able to reach a high of $4.24 and a low of $3.94 over the same time period.

Despite the drop in price, APE was still able to strengthen against (BTC) and Ethereum (ETH) by about 2.35% and 3.13% respectively. APE’s weekly performance has some worth to do in order to recover as the altcoin is in the red by more than 8% over the last week.

APE’s 24-hour trading volume is currently in the green zone and stands at $123,199,011 after a more than 21% increase since yesterday. In terms of market cap, APE stands at $1,533,184,687, which makes it the 38th biggest crypto in terms of market capitalization.

WETH price (Source- CoinMarketCap)

WETH also fell prey to the bearish week as the crypto is now worth about $1,752.46 after a 3.45% price decrease over the last 24 hours. The crypto did, however, reach a high of $1,818.34 over the same time period.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post APE Flipped WETH As The Most Traded Token Among Top ETH Whales appeared first on Coin Edition.

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Photo of Jake Jake Send an email March 25, 2023
0 60 2 minutes read
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Jacob Keiter is a husband, a writer, a journalist, a musician, and a business owner. His journey to becoming a writer was one that was paved with challenges, but ultimately led him to find his true calling. Jacob's early years were marked by a strong desire for creative expression. He was always drawn to music, and in his youth, he played in several bands, chasing the elusive promise of fame and success. However, despite his best efforts, Jacob struggled to find the recognition he craved. It wasn't until he hit a low point in his life that Jacob discovered his love for writing. He turned to writing as a form of therapy during a particularly difficult time, and found that it not only helped him to cope with his struggles, but also allowed him to express himself in a way that he had never been able to before. Jacob's writing skills quickly caught the attention of others, and he soon found himself working as a journalist for The Sun out of Hummelstown. From there, he went on to contribute to a variety of publications, including the American Bee Journal and Referee Magazine. Jacob's writing style is reflective of traditional journalism, but he also infuses his work with a unique voice that sets him apart from others in his field. Despite his success as a writer, Jacob also owns another business, JJ Auto & Home, which specializes in cleaning. Jacob's commitment to excellence is evident in all of his endeavors, whether it be in his writing or in his business ventures. Today, Jacob is the author of two books and continues to inspire others through his writing. His journey to becoming a writer serves as a reminder that sometimes our darkest moments can lead us to our greatest achievements.

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