Popular altcoin APE is trading in green, rising overnight as it is wanted by ETH whales
According to the WhaleStats on-chain data platform, Apcoin has entered the top 10 list of most bought assets among the biggest whales on Ethereum in the past 24 hours with Shiba Inu coin.
APE, SHIB surge to top 10 list
In a recently published tweet, WhaleStats revealed that aside from APE, there are other popular crypto assets among the top-purchased ones: SHIB, UNI, MANA, BAT, ENJ, etc.
Furthermore, APE and SHIB are also in the top 10 list of the most sold coins and as a result, the coins with the highest trading volume.
Nearly half of the coins on this list have been taken by USD-backed stablecoins — USDC, USDT and their derivatives.
As APE managed to get on that list, its price increased by more than 5% in the last 24 hours.
Whales add 24 billion SHIB to their balance
Over the past 24 hours, the 100 largest whales on Ethereum have purchased roughly $200,000 worth of Shiba Inu meme coins. This is the equivalent of 24,038,461,538 SHIB.
Now, these wallets are holding a total of $48,262,363 in this canine token.
APE launched staking recently
Earlier this month, ApeCoin launched its much-anticipated staking program. As of Dec. 12, more than 57.5 million APE were staked within it worth $247 million in fiat. That was a driver that pushed the price of APE up 53%.
At the time of this writing, ApeCoin is changing hands at $3.65 per token according to data shared by CoinMarketCap.
