Suspected Insider Trader Makes $2.27 Million as APE Jumps Over 110%

A wallet flagged by Onchain Lens as a suspected insider trader made more than $2.27 million during a rapid APE rally of over 110%. According to the report, the address deposited 75 ETH as margin, opened both long and short APE positions, and bought 1,053 ETH in total before ending with 978 ETH in realized profit. The activity has raised community concerns over possible insider trading, though no individual was identified and no wrongdoing was confirmed in the source content.

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