Aptos Cryptocurrency Declines by 16% Prior to $300M Token Unlocking Event

Thursday, 11 April 2024, 20:21
Aptos coin experiences a significant 16% drop in value ahead of the unlocking of 25 million APT tokens set for release on Friday. This move comes in anticipation of early investors gaining access to their holdings as per TokenUnlocks data. The market reaction signals caution and a potential reevaluation of investment strategies amidst the unlocking event.
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Aptos Cryptocurrency Declines by 16% Prior to $300M Token Unlocking Event

Aptos Falls 16% Over Past Week

Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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