Crypto
APT Token Price Drops Amid Scheduled Unlock Event
Aptos (APT) token price dropped by 3.3% over the last 14 hours due to a scheduled token unlock on September 12, 2026.
The unlock introduced short-term selling pressure, with around 11.3 million APT tokens released to core contributors at approximately $0.62 each, totaling around $7.01 million in new supply.
This event caps off a long series of unpopular vesting events and comes after prolonged underperformance by Aptos compared to its peers.
The broader crypto market and macro conditions were only mildly negative during this period, with the total crypto market cap falling 0.9% over the last 24 hours.