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Huang Licheng Bought a Total of 4.73 Million APE Since August 2

Lookonchain monitoring shows that Machi Big Brother (Huang Licheng) has been buying APE almost every day since August 2, and has purchased a total of 4.73 million APE. He spent 1,761 ETH and 52,000 USDC to buy 2.24 million APE, and extracted 2.5 million APE from Binance.

A Whale Address Withdrew 1.37 Million APE From Binance, and Once Hoarded APE, It Lost 74%

According to Look on Chain data on October 17th, a whale address withdrew 1.37 million APE coins (worth approximately $1.49 million) from the Binance platform 40 minutes ago. It is worth noting that this address had purchased 540,000 APE coins on Binance and DEX between January 24th and May 8th this year at an average price of $4.28, worth $2.33 million at the time. Currently, this transaction is at a loss of $1.74 million (-74%).

Animoca Brands transferred 2 million APE to the Mocaverse entrusted address

On October 16th, Animoca Brands transferred 2 million APE tokens to the Mocaverse delegation address, giving the Mocaverse community a voting power of 3.5 million APE tokens, second only to Huang Licheng in the ApeCoin DAO.

FLOW, APE, AXS, and ID Tokens Will Unlock Approximately $87.89 Million at Once This Week

According to Token Unlocks data, FLOW, APE, AXS, and ID tokens will be unlocked at once from October 16th to October 22nd. Specifically:FLOW token will unlock 7.29 million tokens (approximately $3.23 million USD), accounting for 0.7% of the circulating supply, at 08:00 on October 16th;<br>APE token will unlock 15.6 million tokens (approximately $16.66 million USD), accounting for 4.23% of the circulating supply, at 08:00 on October 17th;<br>AXS token will unlock 15.13 million tokens (approximately $64.59 million USD), accounting for 11.5% of the circulating supply, at 21:10 on October 20th;<br>ID token will unlock 18.49 million tokens (approximately $3.41 million USD), accounting for 6.46% of the circulating supply, at 08:00 on October 22nd.
NFT

Yuga Labs: BAYC Has Paid Part of the APE and Will Therefore Receive an Additional 150,000 APE Rewards

According to Spencer Tucker, the Chief Gaming Officer of Yuga Labs, "Bored Ape Yacht Club" (BAYC) has paid Yuga Labs Gaming a portion of APE (specific amount not disclosed) and will launch a new account. After receiving the APE funds, Yuga Labs will provide an additional reward of 150,000 APE to the top 10 finishers on the Rift Boss leaderboard. In addition, Spencer Tucker stated that they will further optimize game development based on community feedback and opinions.

ParaSpace’s Proposal Initiated by ApeCoin DAO To “Allow ApeCoin Pledged in the ParaSpace Protocol To Still Have Voting Rights” Was Voted Through

As displayed on the Snapshot governance page, the proposal "Allow ApeCoin staked in ParaSpace protocol to retain voting rights" initiated by ParaSpace, an NFT lending protocol, in the ApeCoin DAO community, has been approved with a 89.01% approval rate.

ApeCoin Community’s New Proposal AIP-252 to Create an Independent Grant Fund Outside the DAO Failed

According to Snapshot information , the ApeCoin community has launched a new proposal, AIP-252, which aims to create an independent grant fund outside of the DAO. If approved, the fund will use the Ethereum Foundation's delegated domain capital allocation model to distribute a total of $1 million worth of APE tokens to community builders over the next two quarters to accelerate the development of the AP ecosystem. According to the final voting results, the proportion of opposing votes was 99.61%.

ApeCoin Proposal AIP-289 Passed, Will Launch Themed Community Mascot

According to Snapshot information, AIP-289, a new proposal initiated by the ApeCoin community, was approved with a 61.68% approval rate, allowing for the launch of a community mascot based on "apes/monkeys." It is reported that the proposer of this proposal is AnnieRawrz, the designer of the ApeCoin Thankape art competition entry "Apekin," but it is not yet confirmed whether "Apekin" will be the official mascot of the ApeCoin community.
NFT

Wreck League's Mech Mint: All You Need to Know for the Upcoming Event

Wreck League's Mech Mint is coming soon and Animoca Brands and nWayPlay are preparing for the event. To participate, you will need ApeCoin in your wallet to purchase boxes and ETH to cover gas fees. The mint will start at 12pm EST, but those with allow listed wallets can access the waiting room at 11:30am EST. 25,000 Majestic Boxes will be available for purchase at 150 $APE each, and each Wreck Leaguer can make a single purchase during their allocated turn.

ApeCoin hits all-time low as Bored Ape Yacht Club NFTs face renewed pressure

ApeCoin, the Ethereum-based token powering Yuga Labs' Otherside metaverse game, hit an all-time low as the Bored Ape Yacht Club NFT collection faced renewed pressure. ApeCoin is linked to the valuable Bored Ape profile pictures and fell to $1.77 before rebounding to $1.84. The market for PFPs is faltering, causing assets associated with Yuga Labs' smash hit to fall back to earth. Despite the decline, ApeCoin is still ranked #65 among all other tokens in terms of market capitalization, with a total value of $675 million.