Aptos: July Burn Hits 191.7K APT

Aptos burned 191.7K APT in July, lifting the annualized burn rate to 2.3M APT per year according to MSB Intel data shared by @AveryChing.

Price sits at $0.57 inside Bollinger Bands with upper resistance at $0.59 and lower support at $0.55. The 4h structure remains bearish as price trades below EMA50 at $0.59 and EMA200 at $0.61, yet MACD shows a bullish golden cross at -0.01 while RSI at 38.39 stays neutral. This confluence points to short-term volatility exhaustion near the upper band before any test of EMA50 resistance, shaping near-term APT price prediction models and broader crypto market crash hedging flows.