The post Aptos Currently Faces Massive Sell-Off, What’s Next For APT Price ? appeared first on Coinpedia Fintech News
The last 30 days has worked out spectacularly well for most of the cryptocurrencies and Aptos tops the list. In the last one month, Aptos has spiked nearly 460%. However, after a bullish week, Aptos faced a slight correction at $17.52.
At the time of writing, Aptos is changing hands at $17.06 after a pull back of 5.11% over the last 24hrs. However, in the last three weeks, Aptos has surged nearly 500% after hitting a new all-time high of $18.36.
Aptos To Form A Downward Movement ?
Meanwhile, a veteran crypto trader who is anonymously known as LightCrypto throws light on Aptos mass-selling by the team. As per the trader Aptos dev team wallet which is in connection with Aptos (APT) blockchain is transfering huge APT tokens to Binance exchange. LightCrypto then states that Binance has so far received $20 million APT while $1 billion is still in the wallet.
Further the analyst expects that these Aptos (APT) tokens have been taken over by South Korea’s crypto exchange, Upbit.
Also a blockchain advisor and CIO at Selini Capital warns investors to not to open any short positions on APT/USDT pair as of now.
Meanwhile, Aptos’ further price action mostly depends on the first cryptocurrency, Bitcoin’s upward movement which is currently flirting around $23,000 level.
- Mobile app
- Telegram Channel
- Telegram Group
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks