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Pantera-backed aPriori silent after one entity claims 60% of airdrop

About 60% of aPriori’s APR airdrop was claimed by a single entity across 14,000 interconnected wallets, according to Bubblemaps.

🔗 Source

💡 DMK Insight

A single entity claiming 60% of aPriori’s APR airdrop raises red flags for traders. This concentration of claims across 14,000 wallets suggests potential market manipulation or a coordinated strategy that could impact liquidity and price stability. Traders should be wary of sudden price movements or volatility as this entity may have the power to influence market sentiment significantly. If this entity decides to liquidate a portion of their holdings, it could lead to a sharp decline in APR’s value, especially if the broader market sentiment is already shaky. Keep an eye on trading volumes and price action over the next few days to gauge potential reactions. On the flip side, this could also present a buying opportunity if the market overreacts to any sell-offs. Watch for key support levels that could emerge as traders react to this news, particularly if APR dips below recent lows. Monitoring the behavior of this entity could provide insights into future price movements and market dynamics.

📮 Takeaway

Watch for APR’s price action over the next few days; a sell-off could create a buying opportunity if it dips below key support levels.

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