Aptos prints new ATH amid whales movement

Layer 1 blockchain Aptos (APT) surged 44% over the past 24 hours to trade at an all-time high (ATH) of $19.39. of crypto slate data.

The positive price performance continues its impressive run over the past 30 days, up 481%.

APT draws a whale

Blockchain analytics firm Kaiko said Aptos has pulled whale movements in the past two weeks. All of these were performed on Binance.

However, it should be noted that the large trades since January 23rd were mostly sell orders, coinciding with a time when the price of the token dropped slightly.

Source: Kaikou

Kaiko added that Aptos liquidity is improving. 10% market depth he tripled from $3.5M to $14M and 1% depth he went from $1.5M to $4M.

analysis company was suggested That APT could see demand from institutional investors on Coinbase. Its “bid volume is now almost double the requested volume.”

Growing interest in Aptos NFTs

Interest in Aptos NFTs is on the rise, according to Binance Research, given that sales volumes and lowest prices for collections within the ecosystem have risen to new highs. Binance Research says:

“NFT investors [have] start[ed] Accumulate them to become an early adopter and take advantage of potential reversal opportunities. ”

The statement is confirmed by data On Topaz, Aptos’ largest NFT marketplace. Three of the top five collections on the market have each recorded sales volume increases of over 600%, and his other two collections have recorded increases of over 100%.

binance research Added APT token trading volume increased by 147% thanks to two new liquidity pools opened for Binance assets.

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