Two wallets (likely investors or the ApeCoin project itself), 0x321 and 0x119, just woke up after as long as 2 years of dormancy and jointly deposited 8M APE ($4.1M) to Coinbase Prime at an average price of $0.512:

• address 1: 0x321e0d6011f17b41f663e695b125291c4f981a99 — transaction 1: 0x52ed543ae88d6f9e8e16e20179300408a9956dc2253eb46425aa17ef058d96e6
• address 2: 0x119a01063b01c1a93457f2e1fdc7b9ea553ec9a3 — transaction 2: 0x9dc38cf4e4aa855263f3702eaa8d4dbb18083d4eb855782e00cd115c92f74508
• Coinbase Prime deposit: 0x6954b2197b99d36a48fc09a59095a53213f5967d

Notably, these APE tokens were all released from an ApeCoin's Token Distributor contract on March 7, 2022, when the price was $8.537.

Currently, there remains 1.184M APE ($607K), distributed as follows:

• 591,251 APE ($303K) in the address "0x321";
• 592,463 APE ($304K) transferred from the address "0x119" to a new address, 0xa79959f4bc26e4139dd272f4b92d96726a28388a.

Fig 1. Two wallets (likely investors or the ApeCoin project itself), 0x321 and 0x119, deposited 8M APE ($4.1M) to Coinbase Prime just now.

Fig 2. The 24-hour APE price chart.

Fig 3. The APE token flows of the two wallets (likely investors or the ApeCoin project itself), 0x321 and 0x119.