As per Token Unlock’s tweet, 0.5% of Aptos’ total supply was released, which was worth more than $40 million. On the other hand, 0.7% of DYDX’s total supply was unblocked.APTThe trend of a price decline after token unlocks continued even this time, as both tokens registered declines. According to
, both tokens were down by nearly 8% in the last 24 hours. Furthermore, at the time of writing, APT was trading at $8.03 and DYDX was valued at $1.95.Both tokens witnessed a massive increase in trading volume while their prices declined. This was a typical bearish signal. Moreover, their one-week price volatility also shot up, further increasing the chances of a continued downtrend.Additionally, in DYDX’s case, exchange outflow spiked considerably during that period, which was also bearish.