Aptos price climbs as CEO denies shutdown rumors
Aptos (APT)
Editor:
Eugene Serbin
tradersunion.com reports that Aptos (APT) has risen 7.13% to trade at $0.858, driven by strong daily momentum. The asset is currently positioned above its key moving averages, with the daily chart showing it firmly above the MA-200. Aptos is preparing for a token unlock of 11.31 million tokens, valued at $9.06 million, scheduled for October 11.
These tokens will be allocated to core contributors, the community, investors, and the Aptos Foundation, which may increase circulating supply and drive short-term liquidity movements. CEO Avery Ching has dismissed rumors of a blockchain shutdown, citing active upgrades and ongoing governance participation. The network has also proposed an encrypted mempool to protect pending trades from frontrunning while preserving transparency.
Governance voting on Proposal #206 continues, targeting further security and protocol enhancements. Technical indicators show the MACD on a Buy signal, while the Stoch RSI and CCI are in overbought zones. Bull/Bear Power highlights strong buyer dominance, and the Awesome Oscillator aligns with positive momentum.
The immediate support level is identified at the Ichimoku Kijun at $0.816. APT/USD is expected to consolidate within the $0.8352 to $0.8808 range over the next 2–3 trading days. A decisive break above $0.8808 would point to renewed bullish acceleration, while a breach of $0.8352 would signal a deeper retracement.
How the market reacted
Whalio's own Binance spot order flow for APT, measured when this story was written up on 6 October 2026. Not the outlet's figures.
APT is currently trading at $0.8451 on Binance spot, with a 24-hour buy ratio of 49.8%. This buying pressure is slightly lower than the 1-hour reading of 44.3% and the 4-hour reading of 49.4%, indicating that short-term momentum is stabilizing rather than accelerating. The volume delta for the 24-hour period is -$61,771, showing that sell volume has exceeded buy volume over the day. The volume delta for the 1-hour period is -$39,312, and for the 4-hour period is -$35,666, confirming that selling pressure has been present across all timeframes. A buy ratio below 50% means that sellers have executed more orders than buyers during the period. The negative volume delta indicates that the total value of sell orders has been greater than the total value of buy orders. Net buying has occurred for only 11 of the last 24 hours, suggesting a lack of sustained bullish conviction.
The latest daily buy ratio of 51.2% sits at the 79th percentile of the last 322 days, against a median of 49.3% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for APT, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio for APT was 47.9%, making the current 24-hour ratio of 49.8% slightly higher by 1.8 points. This indicates that buying activity is marginally stronger than the weekly average. The 24-hour spot volume of $12,375,665 is 1.21 times the weekly average volume, showing increased trading activity. However, the 8-day volume delta total is -$3,957,240, and there has been only 1 day of net buying in the last 7 days. This suggests that despite higher volume, the overall trend over the week has been dominated by sellers. The price change over the 8-day period is +1.8%, showing modest gains despite the net selling pressure.