Aptos (APT) Underperforms Bitcoin (BTC), Ether (ETH) Price Ahead of $300M Token Unlock

Token unlocks happen because the supply of many cryptocurrencies are locked up in vesting to prevent insiders – early investors, team members – from dumping tokens en masse. Prices historically decline around such events, as the supply increase outpaces investor demand for the asset, according to research by crypto analytics firm The Tie.