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A whale sold 790,000 APE and lost $1.06 million

According to lookonchain monitoring, an address bought 582,000 APEs (about $2.24 million) at $3.85 in 2023 and pledged them. After the APE rose yesterday, he sold all 790,000 APEs (about $1.18 million) at a loss, losing $1.06 million (-47%), of which 208,000 APEs (about $310,000) were pledged rewards.