The one thing you can say about this is that they truly live up to the APE moniker. This trader has been buying APE basically every day. Since Nov 2nd, they bought over $12 Million in APE which amounts to losses roughly $3.84 Million.
They then started unstaking tons of APE recently as well, possible to sell.
Not just tokens, but the trader has also transacted hundreds of APE NFTs over the years. You don't really need to be knee-deep in crypto to know how much the value of these have fallen since last year, perhaps between 80-95%, which obviously amount to massive losses. They still hold dozens of APE NFTs in their portfolio.
Across on Twitter, the relentless shilling of APE hasn't seemed to help pump the price and relieve the losses. But it was worth a try I guess.
To be honest, I'm almost convinced this is an insider who trying to keep APE relevant and support the price buying, but considering the types of people who buy APE this being a…”adventurous” trader is also equally likely.