Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event

Token unlocks happen because the supply of many cryptocurrencies are locked up in vesting to prevent insiders – early investors, team members – from dumping tokens en masse. Prices historically decline around such events, as the supply increase outpaces investor demand for the asset, according to research by crypto analytics firm The Tie.

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Cryptocurrencies: 16,229
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Marketcap: $ 3.49 T
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BTC Dominance: 54.99%