Bitcoin (BTC) briefly reclaimed the $100,000 price level but failed to sustain the momentum, falling to $99,048 after hitting a daily low of $98,579.36. Meanwhile, news of significant token unlocks this week added to the bearish sentiment in the crypto market.
According to CryptoRank.io, the largest unlocking event involves the Aptos (APT) blockchain. On December 12, $161.20 million worth of APT tokens will be released, amounting to 11.31 million tokens. Over the past day, APT has dropped 4.15%, trading at $13.81, as reported by CoinMarketCap.
In addition to APT, several other cryptocurrencies are set for major unlocks:
The post CryptoRank: Aptos Token Unlock to Add $161M to Circulation appeared first on Coin Edition.
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