Wintermute recharged $5.86 million worth of APE to Binance in the past 4 hours

BlockBeats reported that on October 24, according to @ai_9684xtpa’s monitoring, Wintermute recharged $5.86 million worth of APE to Binance in the past 4 hours.

In the past week, Wintermute has transferred a total of 8.79 million APE (about $11.39 million) to the trading platform, corresponding to a 61% increase in APE in the past seven days; the turning point occurred on October 21 when the Apecoin treasury was suspected of selling, and the price of the currency has since fallen by 34% (from $1.73 to $1.14).