$APT Fever is Back? We have discovered some weird on-chain data on Aptos.

$APT Fever is Back? We have discovered some weird on-chain data on Aptos.

There are recently 20 new wallets in Top 50 Holders.

  • Interestingly, these wallets were not recently created. They only appeared there out of nowhere.
  • 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.

  • FYI, these wallets failed to claim $APT due to errors and have to do it on 26 and 27.

=> So… who are they? What are their plans? Or is it another… error?

https://preview.redd.it/5bphxyb46jw91.jpg?width=1266&format=pjpg&auto=webp&s=3e1554ef0e059bccc9f166f637555993706093e9

Some more notes:

  1. Selling pressure from the 90% wallets above won't be so strong (~$3M $APT compared to its $600M trading volume).
  2. 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. 😉

https://coinmarketcap.com/currencies/aptos/

reddit image$APT Fever is Back? We have discovered some weird on-chain data on Aptos.