Aptos Drops 6% to $1.85 as Technical Breakdown Accelerates

2025-12-05 16:33:16

Source: CryptoNewsNet Original Title: Aptos Drops 6% to $1.85 as Technical Breakdown Accelerates Original Link: APT weakened sharply during Friday’s session, dropping 6% to $1.85 as technical selling overwhelmed buyers.

The token lagged the broader crypto market, with the CoinDesk 20 index down 2.5% at publication time.

Trading volume remained subdued at just 10.8% of the 30-day average, suggesting APT’s decline lacks broad participation, according to technical analysis.

Aptos carved out a $0.17 trading range representing 8.5% volatility as multiple waves of selling pressure established fresh session lows.

Recent price action shows signs of stabilization.

The token formed a potential double-bottom pattern near $1.842, suggesting that institutional buyers have emerged at these depressed levels.

APT-0.68%

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SelfCustodyBro

· 5h ago

APT dropped again, and this time it's even worse than the overall market... I really can't take it anymore.

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RugPullAlarm

· 12-06 10:22

The drop isn't even as fast as the big holders running away. We need to check if there are any suspicious fund movements today.

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OnchainDetective

· 12-05 17:03

According to on-chain data tracking, there’s something interesting behind this APT drop... The 6% decline is significantly larger than the overall market, and such an abnormal performance clearly indicates that there are funds actively dumping. Through tracking multiple addresses, it was found that the recent transfer patterns of large wallets are indeed unusual—a typical dumping technique, which I had already anticipated. Wait, the $1.85 price level... what happened to the previous support? Based on the trading patterns, there might be signs of wash trading here.

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GasFeeLover

· 12-05 16:59

APT is really weak this time, it can't even outperform the overall market, so what's there to talk about?

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All-InQueen