APE Insider Scores $2.27M Profit
APE surges 110% as insider nets $2.27M via long-short trades on HyperLiquid, depositing 75 ETH and withdrawing 1,053 ETH for 978 ETH profit.
SourceAs $APE skyrocketed over 110%, a suspected insider executed long and short positions on HyperLiquid, turning a 75 ETH ($174K) deposit into a staggering $2.27M windfall. The trader later scooped up 1,027 ETH ($2.37M) on the platform, withdrew it, and added 26 ETH onchain, totaling 1,053 ETH buys and netting 978 ETH in pure profit amid the token's explosive rally.
Zooming into the 4-hour chart, $APE trades at $0.2 in a clear bullish structure, hugging the upper volatility band resistance at $0.19 while the RSI screams overbought at 82.34. MACD confirms the golden cross momentum with a 0.02 reading, but this confluence signals exhaustion—expect a tactical pullback to the EMA50 support at $0.11, mirroring last quarter's retracements before resuming the uptrend, especially with Bitcoin (BTC) hovering in correlated strength. This setup screams APE price prediction caution for overleveraged longs, while offering entry points near EMA200 at $0.1 amid broader crypto market volatility and potential insider trading impacts on sentiment.
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