In the past seven days, three giant whales have purchased nearly US $8.5 million of APE and pledged

It is reported that, according to the monitoring of Lookonchain, in the past seven days, three giant whales have purchased a total of 1.6 million APEs (about US $8.5 million) from Binance and pledged them. Among them, the address beginning with 0x09BC purchased 750954 APEs at a price of about US $5.16 (worth about US $3.87 million). The address beginning with 0xb0ec purchased 663681 APEs (worth about $3.62 million) at a price of about $5.45. The address beginning with 0x3A51 purchased 187890 APEs (worth about US $1 million) at a price of about US $5.3.

Interpretation of this information:

The message reports on the recent activity of three large investors, referred to as “whales,” who have purchased a significant amount of APEs, a particular digital asset, from Binance and then pledged them. These purchases have occurred over the past seven days, and in total, the three whales have bought 1.6 million APEs, which is equivalent to around US $8.5 million.
The whale with the address beginning with 0x09BC purchased the largest amount of APEs, buying 750,954, which is worth approximately US $3.87 million. The second-largest purchase was made by the whale with the address beginning with 0xb0ec, who bought 663,681 APEs for around US $3.62 million. Finally, the third whale, with the address beginning with 0x3A51, purchased 187,890 APEs for about US $1 million.

From this message, we can infer that the APE digital asset is significant enough for large investors to invest significant sums of money into it. It is also likely that these investors have researched and analyzed the asset before making such a significant investment. Furthermore, the fact that the three whales all bought the asset within a short period would suggest that they have a collective interest in promoting and investing in it.