On October 6, COINOTAG highlighted a significant upcoming event in the crypto landscape, revealing that **11.31 million APTs** are set to be unlocked on **October 12** at **3:59 am Beijing time**. This unlocking event is anticipated to release APTs valued at nearly **US$100 million**, which represents **2.25%** of the current circulating supply. **Token Unlock data** emphasizes the importance of such events in the crypto market, as they can influence liquidity and investor sentiment. Stakeholders are advised to closely monitor the unfolding situation, as the release of these APT tokens may impact trading dynamics. Investors should remain vigilant regarding market reactions, as such significant unlocking events often correlate with price volatility. Understanding the implications of such occurrences is crucial for making informed trading decisions in the rapidly evolving cryptocurrency sector.
Source: https://en.coinotag.com/breakingnews/11-31-million-apts-set-to-unlock-implications-for-apt-price-and-circulating-supply/