Data: The ApeCoin team transferred 3.28 million APE to the Wintermute OTC address, which was then deposited into Binance

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, the ApeCoin project team is suspected of dumping tokens/further market making through Wintermute.

Half an hour ago, the ApeCoin team transferred 3.28 million APE to the Wintermute OTC address, worth 5.13 million USD, and the tokens have since been deposited into Binance.

Wintermute has been a market maker for APE, and trading has been extremely frequent recently, while APE has nearly doubled in the past seven days.