A wallet linked to an APE ecosystem insider has opened a 5x long position on WIF, deploying $1.3 million across 7.13 million tokens. Limit orders to add exposure are set at $0.17, with a take-profit target placed at $0.49.
The trade is notable for its size and structure — staged entries via limit orders suggest a deliberate accumulation strategy rather than a reactive punt. Whether the broader market follows the signal remains to be seen, but the position puts a clear line in the sand on where this trader sees WIF's near-term range.
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