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Notable Ethereum whales including “Sabo,” “BlueWhale0079” and “Bonobo” have purchased ApeCoin worth millions in the last 24 hours. However, falling sales of Bored Ethereum Whales Accumulating APECoin, Will it Pump Soon? With a staggering increase of 2102.56% in transactions over $100,000 within just a week, ApeCoin has emerged as a focal point of attention, showcasing how whale Ethereum rallies 31.8%, approaching key resistance at $3,327, with whale activity at a 14-week high boosting investor optimism. LTHs are starting to potentially sell Ethereum (ETH) sees a 373% spike in whale netflow, as investors react to bullish catalysts like the Pectra Upgrade and Fed rates. Apecoin (APE) experiences a 13% However, on-chain wallet data shows that large-scale investors, commonly known as whales, are not interested in accumulating the token, which raises concerns over the durability of the latest

Can Ethereum Whales Boost ApeCoin to a New ATH Before Next Week? The buzz around ApeCoin (APE) is intensifying, fueled by recent Ethereum whale activity. But can this activity translate into a new all-time high (ATH) for APE before next week? Recent reports highlight a surge in whale transactions, with notable Ethereum whales including “Sabo,” “BlueWhale0079” and “Bonobo” having purchased ApeCoin worth millions in the last 24 hours. This activity coincides with Ethereum rallies 31.8%, approaching key resistance at $3,327, with whale activity at a 14-week high boosting investor optimism. Furthermore, Apecoin (APE) experiences a 13%.

A staggering increase of 2102.56% in transactions over $100,000 within just a week, has made ApeCoin a focal point of attention. This significant jump indicates strong institutional interest and could signal a potential pump. The activity mirrors the broader Ethereum landscape, as ETH sees a 373% spike in whale netflow, as investors react to bullish catalysts like the Pectra Upgrade and Fed rates.

However, it's not all smooth sailing. Falling sales of Bored Ethereum Whales Accumulating APECoin, Will it Pump Soon? Some data suggests caution. Despite the recent surge, on-chain wallet data shows that large-scale investors, commonly known as whales, are not interested in accumulating the token, which raises concerns over the durability of the latest. LTHs are starting to potentially sell. This conflicting information creates uncertainty about APE's potential for a rapid price increase.

The Verdict? While the recent Ethereum whale activity, including the purchases by Sabo, BlueWhale0079, and Bonobo, presents a bullish case for ApeCoin, the mixed signals from other on-chain data necessitate a cautious approach. A new ATH before next week is possible but remains highly uncertain. Keep a close eye on whale transactions and overall market sentiment to make informed decisions. The key resistance levels for Ethereum and ApeCoin will also be crucial indicators to watch.

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