Crashes at 1148 seconds, use mplayer -ss 1130 to reproduce quickly.
Valgrind trace from above MPlayer command:
==22120== Invalid read of size 1
==22120==    at 0x76E4C4: entropy_decode (apedec.c:259)
==22120==    by 0x76F554: ape_decode_frame (apedec.c:819)
==22120==    by 0x6FE5E7: avcodec_decode_audio2 (utils.c:973)
==22120==    by 0x54D110: decode_audio (ad_ffmpeg.c:161)
==22120==    by 0x50157C: decode_audio (dec_audio.c:377)
==22120==    by 0x46198E: main (mplayer.c:2051)
==22120==  Address 0x5cc0f3c is 0 bytes after a block of size 243,644 alloc'd
==22120==    at 0x4905C66: realloc (vg_replace_malloc.c:420)
==22120==    by 0x76EB72: ape_decode_frame (apedec.c:858)
==22120==    by 0x6FE5E7: avcodec_decode_audio2 (utils.c:973)
==22120==    by 0x54D110: decode_audio (ad_ffmpeg.c:161)
==22120==    by 0x50157C: decode_audio (dec_audio.c:377)
==22120==    by 0x46198E: main (mplayer.c:2051)