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Aptos (APT) Price Drops 6.4% After $52M Token Unlock Despite Recent Bullish Momentum - Blockchain.News

Aptos (APT) Price Drops 6.4% After $52M Token Unlock Despite Recent Bullish Momentum

Jessie A Ellis Aug 15, 2025 01:47

APT trades at $4.74 after falling 6.38% following an 11.31 million token unlock worth $52.1 million, testing key support levels despite neutral RSI readings.

Aptos (APT) Price Drops 6.4% After $52M Token Unlock Despite Recent Bullish Momentum

Quick Take

• APT currently trading at $4.74 (-6.38% in 24h) • Aptos's RSI remains neutral at 51.83, suggesting balanced momentum • Recent 11.31 million token unlock creating immediate selling pressure worth $52.1 million

What's Driving Aptos Price Today?

The APT price is under pressure following Monday's significant token unlock event. On August 12, Aptos released 11.31 million APT tokens worth approximately $52.1 million, representing 2.20% of the current circulating supply. This substantial increase in available tokens has created immediate selling pressure, contributing to today's 6.38% decline.

Despite this recent negative catalyst, the APT price had shown strong bullish momentum earlier in the week. On August 8, APT surged 7% within 24 hours, advancing from $4.34 to $4.62, driven by increased trading volume and positive market sentiment. However, the token unlock has overshadowed this previous strength, demonstrating how supply-side events can quickly shift market dynamics.

The timing of the unlock has proven particularly challenging for APT bulls, as it came just as the token was attempting to build on its recent gains. This creates a complex technical setup where previous bullish momentum conflicts with fresh selling pressure from newly available tokens.

APT Technical Analysis: Mixed Signals in Neutral Territory

Aptos technical analysis reveals a complex picture with conflicting signals across different timeframes. The APT RSI currently sits at 51.83, positioning the token in neutral territory rather than oversold or overbought conditions. This suggests that despite the recent 6.38% decline, there's still room for movement in either direction.

The moving average structure presents mixed signals for APT traders. Aptos's current price of $4.74 sits precisely at the 50-period simple moving average ($4.74), while trading above both the 12-period EMA ($4.68) and 26-period EMA ($4.67). However, the APT price remains below the crucial 200-period SMA at $5.24, indicating longer-term bearish pressure.

Aptos's MACD indicator shows encouraging signs with a positive histogram value of 0.0543, suggesting bullish momentum may be building despite the recent decline. The MACD line at 0.0081 above the signal line at -0.0462 supports this potentially bullish divergence. Meanwhile, the Stochastic oscillator shows APT's %K at 62.90 and %D at 73.17, indicating the token may be approaching overbought conditions on a short-term basis.

Aptos Price Levels: Key Support and Resistance

Based on Binance spot market data, several critical APT price levels emerge for traders to monitor. The most immediate challenge for bulls lies at the APT resistance level of $5.15, which coincides with today's 24-hour high. Breaking above this level would signal a potential reversal of the current bearish pressure from the token unlock.

Aptos support levels present a more concerning picture for bulls. The immediate APT support sits at $4.05, representing both the lower Bollinger Band and a strong psychological level. This $4.05 level has proven significant as it closely aligns with the 52-week low of $3.93, making it a crucial line in the sand for APT holders.

The Bollinger Bands configuration shows APT trading near the middle band at $4.54, with the upper band at $5.04 providing additional resistance context. The %B position of 0.6981 indicates Aptos is trading in the upper portion of its recent range, despite today's decline.

For APT/USDT traders, the pivot point analysis suggests $4.85 as a key level to reclaim. Success in breaking above this pivot could open the door to testing the immediate resistance at $5.15, while failure might see continued pressure toward the $4.05 support zone.

Should You Buy APT Now? Risk-Reward Analysis

The current APT price action presents different opportunities depending on your trading style and risk tolerance. For aggressive traders, the token unlock-induced selling pressure may have created a short-term oversold condition, especially given the neutral APT RSI reading of 51.83. The fact that Aptos technical analysis shows bullish MACD momentum divergence could support a bounce play targeting the $5.15 resistance.

Conservative investors should wait for clearer signals before entering APT positions. The proximity to the 52-week low of $3.93 and the substantial token unlock impact suggest further downside risk remains possible. A safer entry strategy would involve waiting for APT to reclaim the $4.85 pivot point and show sustained trading above this level.

Risk management becomes crucial at current levels. Setting stop-losses below the $4.05 Aptos support levels makes sense for any new long positions, as a break of this level could trigger additional selling toward the 52-week lows. Conversely, profit-taking opportunities exist near the $5.15 immediate resistance level.

The average true range (ATR) of $0.30 suggests typical daily movements for APT, helping traders size positions appropriately. Given the recent volatility from the token unlock, expect potentially larger-than-average price swings in the near term.

Conclusion

The APT price faces a critical juncture as it digests the impact of this week's significant token unlock while attempting to maintain the bullish momentum established earlier in the period. With neutral technical indicators and key support at $4.05, the next 24-48 hours will likely determine whether Aptos can stabilize and resume its upward trajectory or face further pressure toward yearly lows. Traders should monitor volume patterns and the ability to hold above the $4.74 pivot area for directional clues.

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