Aptos (APT) Grapples with Survival as Top Traders Load Up on Longs
Aptos (APT) is clinging to $0.56 after a 4.67% intraday gain, but its battle for survival continues as it struggles against the 200-day SMA at $0.79, a full 41% above current price.
The token's narrative problem is real, having launched with institutional fanfare and failed to hold a sustainable valuation above $1.
Traders are watching the asset closely, with top-tier traders sitting at a 1.76 long/short ratio and 63.7% net long exposure, indicating a deliberate directional bet.