Markets· ★★· neutral·

APT Jumps 9.71% to $0.84 as Futures Open Interest Falls 12.38%

  • —APT gained 9.71% in 24 hours on Binance spot to $0.84
  • —Futures open interest for APT dropped 12.38%
  • —Price moved above key moving averages during the rally
  • —Exchange scope and snapshot timing for OI were not disclosed
Why it matters: Rising price with falling open interest points to position unwinding rather than fresh capital, raising doubts about the rally's durability.
Source: TokenPost