$APT Fever is Back? We have discovered some weird on-chain data on Aptos.
There are recently 20 new wallets in Top 50 Holders.
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Interestingly, these wallets were not recently created. They only appeared there out of nowhere.
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This is not a whale accumulation because these wallets have already bought $APT before, with no further move so far.
=> So we believe this is just an error, which is no surprise as errors happening on #Aptos are quite frequent. In good news, they are fixing it.
There also appears a wallet with 20M $APT**, which equals to the $APT used for the airdrop.**
=> Could this hint that there may be another airdrop soon?
90% of the 1000 wallets airdropped after the due date Oct 25 have been holding their tokens ever since, mysteriously.
=> So… who are they? What are their plans? Or is it another… error?
Some more notes:
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Selling pressure from the 90% wallets above won’t be so strong (~$3M $APT compared to its $600M trading volume).
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Airdrop funds is supposed to be 20M $APT; however, there is still 1M $APT in the rewarding wallet. Is it an error, or will it be used for another activity?
Above is our on-chain update on u/Aptos $APT.
Let us know if you discover something else. 😉
