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Published 26 days ago

Massive sell-off alert amid $300 million token unlock on Friday

Summary by Finbold
The layer-1 cryptocurrency developed by former Meta (Facebook) engineers, Aptos (APT), may face a massive sell-off after April 12, Friday. That is due to a scheduled token unlock worth nearly $300 million, which may cause significant supply inflow to exchanges. Notably, vesting contracts will unlock 24.84 million APT by the end of the week, worth $298.11 million. This, according to TokenUnlocksApp data, represents 6.2% of Aptos’s market capitali…

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Massive sell-off alert amid $300 million token unlock on Friday

The layer-1 cryptocurrency developed by former Meta (Facebook) engineers, Aptos (APT), may face a massive sell-off after April 12, Friday. That is due to a scheduled token unlock worth nearly $300 million, which may cause significant supply inflow to exchanges. Notably, vesting contracts will unlock 24.84 million APT by the end of the week, worth $298.11 million. This, according to TokenUnlocksApp data, represents 6.2% of Aptos’s market capitali…

26 days ago
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