TechFlow news, on-chain analyst Yu Jin monitored that with the recent rise of APE over the past few days, "Majie Dage" (Big Brother Maji) Stanley Huang's APE holdings have now turned profitable, currently showing a paper profit of $2.83 million.
From August 14 to November 23, over a period of three months, Stanley Huang continuously bought and staked APE, spending a total of $8.59 million to accumulate 5.77 million APE tokens, at an average cost of $1.49 per token.
If factoring in staking rewards earned over these months, his effective cost basis drops to $1.31 per token.
Since August, Huang has kept buying APE as its price dropped from $2 down to $1.
Add to Favorites
Share to Social Media
