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Institutional capital floods into the Aptos network, highlighted by a $500M deployment from BlackRock's BUIDL fund and a $1B migration from PACT Protocol.
Aptos (APT) token dropped 5% to $1.50 on December 17, driven by a 23% spike in trading volume above the 30-day average, indicating significant institutional selling pressure.
Aptos-based yield protocol Goblin Finance has closed a $1 million strategic funding round led by major venture firms, signaling growing investor confidence in the Aptos DeFi ecosystem. The platform's Total Value Locked (TVL) has surged fivefold in the past two months.
Aptos (APT) surged 7.8% to $1.91, breaking the key $1.80 resistance level amid a spike in trading volume. The move is attributed to significant institutional inflows, occurring just days before a scheduled token unlock and amidst a broader market rally driven by institutional accumulation in digital assets.