Aptos achieves historic TVL peak but can APT avoid a pullback?

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The Aptos blockchain has benefitted from the latest bullish performance in more ways than one. The network’s total value locked recently...

Aptos’ TVL growth showed that there was still a significant chunk of confidence brewing among investors. However, APT metrics showed signs of a slowing bullish momentum with the bears making their way up the chain.has benefitted from the latest bullish performance in more ways than one. The network’s total value locked recently soared to its highest point in history.Aptos’ TVL peaked at $74.77 million during Thursday’s trading session, marking the highest TVL value in its history.

This aligns with the expectation that the market has finally shifted in favor of long-term bulls. However, short-term pullbacks are expected along the way.Well, APT’s liquidation heat map revealed that the next heavy liquidation zone could occur within the $5.7-$5.8 price level. In other words, APT bears might gain some momentum if the price pulls back as far as the aforementioned price range.

 

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