Aptos is about 32 million US dollars - price losses.

Aptos is about 32 million US dollars - price losses.
apt token Unlock: More than $ 32 million are unlocked
On July 11th, the upcoming activation of aptos (apt) token is due, in which over $ 32 million is to go on sale. This activation could be influenced by APT.
According to the current data from TOKEN Unlocks, a considerable amount of over $ 80 million of tokens will be activated this week. Aptos is also represented among these tokens. The value of the freely switching apt-token is $ 32.21 million, which is about 2.2 % of the total offer. It is interesting to note that these tokens follow a so-called Cliff Unlock mechanism.
The activated tokens are determined for the distribution to the community and the foundation, with the majority of the allocation to the community. Cliffs represent a certain period of time that must run before the tokens can be released. The duration of the cliffs can vary depending on the purpose of the token allocation.
Based on the data provided by Coin Market Cap, the circulation of APT TOKEN amounts to 210.3 million. The entire offer exceeds 1 billion tokens. In the last 24 hours, a trade volume of $ 94 million has been recorded, which corresponds to growth of over 14 %. These figures indicate that the activation of further apt token is likely to have no significant influence on price development. The amount of the token activated is only 2 % of the total offer, which is less than the daily trading volume.The price development of apt is currently showing a negative dynamic, while the activation is closely moving. The token is currently traded at around $ 7, which corresponds to a decline of over 1 %. The overall trend of apt was disappointing how a downward trend in the graphic can be seen. This trend is also confirmed by the relative strength index (RSI), which is below the neutral line and indicates a declining trend. The short, sliding average also acts as a resistance level, since the price tends continuously.
It remains to be seen whether the activation of the APT tokens will actually have an impact on the further development of the tokens. However, the upcoming activation of over $ 32 million could be an interesting event for investors who continue to keep an eye on the price development of APT.