When APEs are crying
The ApeCoin supply on exchange reached record high level since December:
Network realized profit/loss is almost completely underwater indicating possible exits in loss all the period:
Aligned with increasing transaction volume...
... and bearish sentiment within APE holders and towards NFT overall, what could it mean?
More on-chain data to analyze on a chart layout: https://app.santiment.net/s/loEcG-n3
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from Santrends!
Get 'early bird' alerts for new insights from this author