Aptos plans to unlock approximately 11.31 million APT tokens on March 12, valued at $10.88 million, accounting for about 0.69% of the circulating supply. Although such unlocks typically exert selling pressure, some mitigating factors include the recent cap on APT's maximum supply and approximately 69% of the circulating supply (i.e., 83.28 million APT) currently being staked. Additionally, Aptos's partnership with Archax to tokenize funds from major asset management firms may absorb some of the supply. Although APT's market capitalization has fallen to its lowest point since issuance, technical indicators suggest that as bulls begin to take interest, a market rebound could occur.

APT-1,37%
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