APT falls 6.15% to $0.719 amid risk-off and $300M liquidations
- —APT fell 6.15% to $0.719, with volume of $126.6 million — 49.96% above the 30-day average
- —About $300 million was liquidated across the market, with open interest in BTC, ETH, SOL and XRP declining
- —The price is below the 200-day SMA ($0.767) but above the 7-, 15- and 30-day SMAs; RSI at 62.1
- —The token is 96.37% below its all-time high of $19.81 set in January 2023
Why it matters: The drop was driven by deleveraging rather than protocol weakness, so a rebound could be quick, but the trend remains fragile.
Source: DiarioBitcoin