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On-Chain Insights: YGG, APE and Smart Money Activity Recovery
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Key Takeaways
less than a minute read
  • Compared to all other categories, Smart Money have seen the greatest recovery in volume traded in the past few days.
  • Net $1.9m inflow of APE into Exchanges in the past 24H. Multiple Smart Money entities transferring APE coins to their CEX deposits.
  • Net $1.89m inflow of IMX into Exchanges in the past 24H.

Smart Money Token Inflows (24H)

Smart Money Activity relatively muted

YGG

  • Youbi Capital received $608,347 worth of YGG tokens.
  • While there is no news surrounding this token transfer, YGG recently generated $13.8m in a token purchase from the YGG treasury led by DWF Labs along with the participation of a16z Crypto, Galaxy Interactive, Sangha Capital Fund, Sanctor Capital, and David Lee to support the guild’s decentralization initiatives.
  • Youbi Capital last invested in YGG’s seed round back in April 2021.

Smart Money Trading Volume

Compared to all other categories, Smart Money have seen the greatest recovery in volume traded in the...