In just four days, Aptos, a leading Layer-1 blockchain, is set to unlock 11.31 million APT tokens valued at approximately $60 million. This unlock, scheduled for August 12th, represents 2.4% of APT’s circulating supply. Given the recent dip in APT’s price from $7, investors are keen to understand how this event might influence the market. Since May 2024, Aptos has been unlocking 11.31 million tokens around the 12th of each month, a process that will continue until October 2026. Historically, these token unlocks have had varying impacts on the price, depending on market conditions. A look at past unlock events
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