Huang Licheng, Taiwanese Singer, Reduces His Position in APEs

02/20/2023 09:42 • Metaverse Matters • 88 views

On February 20, it was reported that Yu Yan, a Twitter user, said that Huang Licheng, a singer from Taiwan, China, China, began to reduce his position in APEs from February 16. He sold 244000 APEs in the past four days. Currently, he still holds about 500000 APEs. At the end of January, he held about 2.2 million APEs. The money he earned from selling APE was saved into Blur. Huang Licheng currently has more than 4000 Ethereum in the Blur Binding Pool.

Huang Licheng sold 244000 APEs in the past four days, and still holds about 500000 APEs

Analysis based on this information:

Huang Licheng, a Taiwanese singer, has sold 244,000 APEs (ApeSwap Finance Tokens) in the past four days, according to a report by Twitter user Yu Yan on February 20. Huang Licheng’s move to reduce his position in APEs began on February 16, 2022. As of the report, Huang Licheng still holds about 500,000 APEs, as opposed to the 2.2 million APEs he held at the end of January.

It is important to note that ApeSwap Finance Tokens are a type of cryptocurrency. They are used on ApeSwap, a decentralized exchange on the Binance Smart Chain, to provide liquidity, vote on governance proposals, and earn rewards. It is unclear why Huang Licheng chose to reduce his position in APEs or why he sold such a large amount in such a short period of time.

The money Huang Licheng earned from selling his APEs was transferred to Blur, another cryptocurrency. Huang Licheng currently has more than 4,000 Ethereum, which equals to roughly $14 million, saved in the Blur Binding Pool. Ethereum is another type of cryptocurrency and the second largest in the world after Bitcoin.

Given that Huang Licheng is a singer and not generally known for his activity in the cryptocurrency space or financial investments, it is curious to see him enter the world of digital assets. It is unclear if Huang Licheng intends to make further moves in the cryptocurrency market or if he has any specific investment strategy.

In summary, the report indicates that a Taiwanese singer, Huang Licheng, has significantly reduced his position in APEs in a short timeframe and saved the earnings into another type of cryptocurrency, Blur. Huang Licheng’s current position in the Blur Binding Pool holds more than 4,000 Ethereum, worth approximately $14 million. The motive behind his actions remains unclear, leading to questions about his intentions and future moves in the cryptocurrency market.

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Huang Licheng, Taiwanese Singer, Reduces His Position in APEs

Huang Licheng sold 244000 APEs in the past four days, and still holds about 500000 APEs

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