Two new wallets withdraw 2.08 million APAX at once, worth $1.06 million

2026-01-03 13:12:08

【ChainWen】Just noticed another big move on the chain—two new wallets (0x5240 and 0x387c) jointly withdrew 2.08 million APAX from an exchange less than 10 hours ago, equivalent to about $1.06 million. Although the addresses are relatively new, such a large single transfer is still worth paying attention to. Could it be institutions quietly planning? Or someone trying to cash out quickly? For now, APAX’s on-chain activity is indeed quite active.

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Layer2Observer

· 01-04 05:51

Two new addresses with such neat numbers are indeed quite deliberate, but I have to question the term "institutional layout"—the matter of withdrawing from new wallets is already prone to overinterpretation.

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SolidityNewbie

· 01-03 13:42

A one-time withdrawal of $1.06 million, this move is a bit bold... Creating such a large transaction with a new address, aren't you worried about attracting attention?

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BlockchainTherapist

· 01-03 13:41

This new address cold wallet's smell, it's hard to tell if it's an institution or retail investors. --- 2.08 million coins withdrawn at once? How anxious are they, a signal to escape the top? --- Another new wallet... How many times has this trick been played? Wake up, everyone. --- $1.06 million is not small; let's see how it moves later. --- Active on-chain activity ≠ healthy project; don't be fooled. --- Two wallets cooperating to withdraw coins, what plan are they making? --- APAX is about to rise again? Keep an eye on it. --- Built just now and daring to withdraw so much? Either a big institution or paying the IQ tax. --- Just withdrawing coins and done? The question is how they'll handle these coins afterward. --- Small address, big moves—sounds like a story.

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FrogInTheWell

· 01-03 13:39

Oh my, pulling out these 2.08 million coins all at once has me a bit stunned. Wait, these two addresses were just created? Something feels off, a fresh wallet making such a big move? 106 million dollars just withdrawn like that. I bet fifty cents this is some big whale trying to run. APAX's on-chain activities are indeed active lately, but these two new addresses still seem a bit suspicious. New addresses + large withdrawals, this combo feels familiar... I think I've seen a similar pattern before.

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BearMarketSurvivor

· 01-03 13:26

Two new addresses quickly absorbed millions of dollars in chips overnight. This move... depends on how they play their cards later. Whether institutions are dumping or retail investors are bottom-fishing, it all depends on the cost basis. Large transfers to new addresses should always be watched, but don’t be scared—I've seen this battlefield many times. 2.08 million tokens in one go, either they came prepared or they have a gambler’s mentality. On-chain data is showing bright signals, but the real test is yet to come—watch how they make their moves. The key question is whether these two wallets will dump later; that’s what really matters. This move could either be a masterstroke of bottom-fishing or a trap at the top—time will tell. A one-time transfer of a million dollars is interesting. The only concern is whether they’ll move it out again. Poor position management makes these big moves easily the last straw that breaks the camel’s back. New addresses, large amounts, short timeframes... the pattern is familiar, but who can be sure of the outcome?

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DegenDreamer

· 01-03 13:23

Hmm... This move is a bit suspicious. The new wallet suddenly dumps 1.06 million USD, is it a bet by the institution to bottom out or are the whales trying to sell off? Feels like another signal from an old buddy before they cut the grass again. Withdrawing 2.08 million tokens in one go, they really have guts. How painful would it be to dump the market? Institutional layout? I think there's an 80% chance they just want to run. Be careful. APAX is so active, it's not a good sign, brother. They just created a new address and are willing to move such a large order. What does that mean? Don’t follow the trend, just watch and see. Fast withdrawals, are they feeling guilty? The routines of these on-chain whales are getting more and more elaborate. I just want to know where this money is coming from. How dare they dump this much?

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