The post Will Aptos price crash as $60.5M token unlock looms? appeared on BitcoinEthereumNews.com.

Aptos price has surged 27% over the past week amid ecosystem partnerships that uplifted investor sentiment. However, with over $60 million in token unlocks looming, does the token risk a reversal? Summary Aptos price is down 3.5% over the past 24 hours. Around $60.5 million worth of APT tokens are set to be unlocked on Oct. 11. Any downside from the token unlock will likely be contained, supported by ongoing bullish developments within the Aptos ecosystem. According to data from crypto.news Aptos (APT) has dropped 3.5% over the past day to $5.34 after a nearly 43% rally from $3.91 on Sep. 26 to $5.57 on Oct. 5. The drop comes as traders turned cautious ahead of an impending token unlock. According to data from Tokenomist, the event scheduled for Oct. 11 will release over 11.31 million APT tokens, worth roughly $60.5 million, into circulation. The unlocked figure represents about 2.15% of the circulating supply. For the uninitiated, large-scale token unlocks, as in the Aptos case, often increase selling pressure on the token with investors anticipating potential sell-offs in the open market. Moreover, if the project cannot attract enough new demand to offset the increased supply after the unlock, it can heighten market concerns and trigger further downside risk. CoinGlass data shows that open interest in the Aptos futures market has dropped 1.45% over the past 24 hours, while the weighted funding rate has turned deeply negative, a sign that short traders are paying longs to keep their positions open. These metrics reflect that sentiment is starting to turn bearish among traders ahead of the upcoming token unlock. Despite this, Aptos could abate much of the selling pressure if it manages to drive demand for its token through fresh project developments or ecosystem growth. As such, just a couple of days…

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Filed under: News - @ October 6, 2025 10:27 am