Aptos Trading at $4.80: Could $54M Unlock Impact Short-Term Price Trends?
Main Idea
Aptos (APT) is trading at $4.80 with a 13% weekly gain, but a $54 million token unlock on August 11 could impact its short-term price trends.
Key Points
1. Aptos (APT) is currently trading at $4.80, reflecting a 13% increase over the past week.
2. On August 11, approximately 11.31 million APT tokens (worth $54 million) will be unlocked, representing 2.2% of the circulating supply.
3. The asset has a 24-hour trading volume of $473.7 million, indicating strong market interest.
4. Open interest in APT futures increased by 0.71% to $368.56 million, while derivatives volume decreased by 3.50% to $345.95 million.
5. Technical indicators suggest a bullish trend, but the upcoming unlock could introduce selling pressure.
Description
Aptos (APT) is currently trading at $4.80, reflecting a 13% increase over the past week. However, a $54 million unlock on August 11 could influence its short-term price direction. Aptos
Latest News
- Binance Maintains Significant Bitcoin Reserves Amid Market Dynamics and Potential Risks2025-08-11 09:30:16
- Bitcoin’s Surge Past $120,000 Sparks Bullish Sentiment and Potential Market Ripple Effects2025-08-11 09:05:12
- XRP Eyes Potential Breakout Above $3.30 Amid Market Dynamics and Volume Concerns2025-08-11 08:57:46
- S&P Global Assigns B- Rating to Sky Protocol Amid Governance and Capitalization Concerns in DeFi Landscape2025-08-11 08:44:13
- XRP Futures Surge Amid Escrow Unlock Concerns: Traders Weigh Bullish and Bearish Signals2025-08-11 08:38:00