Source: CryptoNewsNet
Original Title: APT Gains 1.8% to $1.76 Despite Token Unlock Overhang
Original Link:
APT at $1.7738 carved out gains during the last 24 hours, climbing 1.8% to $1.76 despite facing headwinds from an approaching token unlock.
The altcoin lagged the broader crypto market, signaling selective rotation as traders weighed near-term supply pressures against technical momentum.
The broader market gauge, the CoinDesk 20 index, was 2.8% higher at publication time.
Volume patterns told the real story. Trading activity jumped 46% above 30-day averages, creating a backdrop of active price discovery rather than thin, directional drift.
The elevated turnover suggests institutional players are repositioning ahead of the scheduled supply increase, with sophisticated money driving the $0.11 intraday range.
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APT Gains 1.8% to $1.76 Despite Token Unlock Overhang
Source: CryptoNewsNet Original Title: APT Gains 1.8% to $1.76 Despite Token Unlock Overhang Original Link: APT at $1.7738 carved out gains during the last 24 hours, climbing 1.8% to $1.76 despite facing headwinds from an approaching token unlock.
The altcoin lagged the broader crypto market, signaling selective rotation as traders weighed near-term supply pressures against technical momentum.
The broader market gauge, the CoinDesk 20 index, was 2.8% higher at publication time.
Volume patterns told the real story. Trading activity jumped 46% above 30-day averages, creating a backdrop of active price discovery rather than thin, directional drift.
The elevated turnover suggests institutional players are repositioning ahead of the scheduled supply increase, with sophisticated money driving the $0.11 intraday range.