So someone actually lost over $200,000 today trying to trade the newly released Ape Token on Binance.. Imagine spending 99.12 eth(about 270,000) to buy 1,725 Ape Token. 1725 Ape tokens are now worth just $12,000. A loss of over 200000. I guess he will be holding those token for some time. Can't see my self taking such loss. One things I have learnt over the years in crypto is to never buy a token on the day its been released on an exchange. Makes no sense trying to trade against bots, whales and the rest. Moral of the story " wait till the hype and all dies down"