Aptos unlocks nearly one-tenth of token supply

On Dec. 11, Aptos released 24.84 million APT tokens, 8.89% of its total supply, valued at around $218.8 million. This event coincided with a significant market upturn for Aptos, witnessing a 15.7% increase in value to $8.83 in the 24 hours leading up to 8:10 p.m. UTC on Dec. 12. Aptos has allocated its APT...